Regulatory7 Sept 2026, 07:10 pm
Sun Granite Export Ltd: RP Appointed for CIRP
AI Summary
Sun Granite Export Limited has announced the appointment of Mr. Raghunath Bhandari as the Resolution Professional (RP) for its Corporate Insolvency Resolution Process (CIRP). This decision was unanimously approved by the Committee of Creditors (COC) in their first meeting held on September 3, 2026. Mr. Bhandari will now oversee and conduct the CIRP in accordance with the Insolvency and Bankruptcy Code, 2016, and its associated regulations. The company has provided the IP registration number and correspondence details for the appointed RP.
Key Highlights
- Mr. Raghunath Bhandari appointed as Resolution Professional.
- Appointment unanimously approved by Committee of Creditors.
- CIRP process to be conducted under IBC, 2016.
- COC held its first meeting on September 3, 2026.
Price Impact
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