The Company has approached National Company Law Tribunal, Delhi seeking revival/resolution of the Company pursuant to repeal of the Board of Financial and Industrial Reconstruction. (BIFR)
Clutch Auto Ltd has informed BSE that a meeting of the Board of Directors is scheduled to be held on May 30, 2016 to consider the Annual Financial Results for the year 2015-16.
Clutch Auto Ltd has informed BSE that Consortium Lender Banks & Financial Institutions including RIICO, Jaipur took symbolic possession of the Fixed Assets of the Company situated at Faridabad (not in operation) and Bhiwadi respectively u/s 13(4) of Securitisation and Enforcement of Security Interest Act, 2002 and soon thereafter allowed the Company to operate the Bhiwadi production facility in normal course pending discussion with RIICO.
Clutch Auto Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 13, 2016, inter alia, have taken on record the following:- Resignation of Sh. K. K. Taneja, Director.
Clutch Auto Ltd has informed BSE about : 1. Standalone Financial Results for the period ended December 31, 20152. Standalone Limited Review for the period ended December 31, 2015
Clutch Auto Ltd has informed BSE regarding Quarterly Statement on Investor Complaints / Grievances Redressal Mechanism for the Quarter ended December 31, 2015, under Regulation 13(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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