Legal17 Jun 2026, 02:36 pm
Parsvnath Developers Appoints Resolution Professional
AI Summary
Parsvnath Developers Ltd has informed the stock exchanges about the appointment of Mr. Manoj Kumar Anand as the Resolution Professional. This decision was made by the Committee of Creditors in their 1st meeting held on June 10, 2026, with the e-voting process concluding on June 16, 2026. The appointment signifies a step forward in the company's insolvency resolution process.
Key Highlights
- Mr. Manoj Kumar Anand appointed as Resolution Professional.
- Appointment confirmed by Committee of Creditors.
- Resolution process under IBC is underway.
- Company is undergoing insolvency proceedings.
Price Impact
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