We had already informed you that the 38th (Thirty Eighth) meeting of the Committee of Creditors of the Company held on Thursday, March 23, 2023, was adjourned. The adjourned meeting was subsequently held today i.e. Monday, March 27, 2023 at 3:30 P.M. in Mumbai. At the aforesaid meeting, the Administrator of the Company appraised the Committee of Creditors, inter alia, about the status & the way forward of CIRP process in terms of the activities / milestones as stipulated under the Code and going concern of the Company.