Corporate Announcement
Security Code : 500222    Company : JCTEL    
 
Updates 
  Exchange Disseminated Time     10/15/2015 4:35:40 PM
With reference to the earlier letter dated July 29, 2015 informing about the declaration of rehabilitation scheme passed for the Company as failed by the Hon’ble BIFR at its hearing held on July 08, 2015, JCT Electronics Ltd has now informed BSE that
pursuant to the same, the BIFR had ordered issue of notice for the proposed winding up of the Company to be published in the news papers inviting objections / suggestions, if any, from shareholders, creditors etc. In terms of the said direction, the statutory advertisement was published in the newspapers on August 06, 2015 wherein objections, if any, were to be filed with BIFR within 60 days of the publication and the case was listed for mandatory hearing on October 14, 2015.

In the mandatory hearing held on October 14, 2015, the Hon’ble BIFR after verifying that no objections/suggestions had been received and further on confirming from all banks, financial institutions, workers etc. present, passed the order declaring the company to be wound up.
 

Disclaimer

Back To Announcements