This is to inform you that the as per section 17 of the code, upon appointment of the resolution professional, the powers of the Board of Directors stands suspended and such powers shall be exercised by the Resolution Professional appointed for the company. Hence in this regard and Pursuant to Regulation 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Resolution Professional on 14th December, 2017 has considered and taken on record the un-audited Financials results for the quarter and half year ended 30th September, 2017.
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New Process Alert 
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