As informed to you earlier, Corporate Insolvency Resolution Process ('CIRP') has been initiated in respect of the Company under the provisions of the Insolvency and Bankruptcy Code, 2016 ('Code') by an order of the National Company Law Tribunal, Chandigarh with effect from 29th September, 2017. As per section 17 of the code, upon appointment of the resolution professional, the powers of the Board of Directors stands suspended and such powers...