Liquidation Process under the Insolvency and Bankrupcty Code, 2016
Sandhya Prakash Limited- Under Liquidation, stands under the Possession & Control of CA Devendra Jain who is appointed as Liquidator of Sandhya Prakash Ltd. by Hon’ble National Company Law Tribunal (NCLT), Ahmedabad Bench vide order dated 20.09.2019 issued under Insolvency and Bankruptcy Code, 2016.
Corporate Insolvency Resolution Process under Insolvency and Bankruptcy Code 2016
” Mr. Devendra Padamchand Jain Has been Appointed as Interim Resolution Professional by under the order dated 14.09.2017 issued by NCLT Ahmedabad Wide Order No. CP No. (IB) 113/7/ NCLT /AHM/2017 with reference to proceeding under Insolvency and Bankruptcy Code 2016.
Ha has taken over the charge of entire state of affairs of the company – Sandhya Prakash Limited as on the date of the order including the management /properties /books of accounts/ staff –employees and entire state of affairs.
1. Copy of Order by NCLT Ahmedabad – 14 Sept 2017
1.1 Pubilc Announcement – 18 Sept 2017 – E
1.2 Pubilc Announcement – 18 Sept 2017 – H
2. Committee of Creditors Constitution – Sandhya Prakash Limited
3. Expressions of interest (EOI)
4. Expression of Interest (Second)
5. Form G
6. Copy of Liquidation Order by Hon’ble NCLT Ahmedabad – 20-09-2019
6.1 Form B – Public Announcement – English Newspaper (Free Press Journal) – 08-10-2019
6.2 Form B – Public Announcement – Hindi Newspaper (Dainik Jagran) – 08-10-2019
7. Format of Claim Forms
7.1 Form C- PROOF OF CLAIM BY OPERATIONAL CREDITORS EXCEPT WORKMEN AND EMPLOYEES
7.2 Form D – PROOF OF CLAIM BY FINANCIAL CREDITORS
7.3 Form E – PROOF OF CLAIM BY A WORKMAN OR EMPLOYEE
7.4 FORM F -PROOF OF CLAIM BY AUTHORISED REPRESENTATIVE OF WORKMEN OR EMPLOYEES
7.5 FORM G -PROOF OF CLAIM BY ANY OTHER STAKEHOLDER
8. ATTENTION OF STAKE HOLDERS – INVITATION U/S SECTION 230 OF COMPANIES ACT 2013
9. LIST OF STAKEHOLDERS
10. List of the Members of Stakeholder Consultation Committee
Aura is a brainchild of Sandhya Prakash Limited, an ISO 9001: 2000 certified company involved in Publishing, Packaging. The foundation of the group was laid in 1971 when Visionary leader (Late) Shri Surendra Patel started a Daily Evening Newspaper “Dainik Sandhya Prakash” from Bhopal along with commercial printing press.
The company is now diversified in a conglomerate of companies involved in Printing, Publishing, Packaging, Real Estate & Infrastructure Development, with strong Business ethics, Reliability and transparent Business operations.