Sub: Admission of the Company under Corporate Insolvency Resolution Process(CIRP) and appointment of Interim Resolution Professional(IRP) This is to inform you that National Company Law Tribunal (NCLT), Kolkata Bench vide an order dated 23/01/2020(copy of the order attached herewith) has ordered for initiation of Corporate Insolvency Resolution Process(CIRP) in respect of the company under section 7 of the Insolvency and Bankruptcy Code,2016. Accordingly, the powers of the Board of Directors of the Company will stand suspended and be exercised by the Interim Resolution Professional. This is to further inform you that Mr. Kanchan Dutta, Insolvency Professional, of Chatterjee International ,17th Floor Flat No. 13A 33A ,J L Nehru Road , Kolkata 700071 has been appointed as an Interim Resolution Professional (IRP) under the provisions of the Insolvency and Bankruptcy Code,2016