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Ankit Metal & Power Limited, incorporated in 2002, is engaged in manufacturing of Iron Ore Pellets, Sponge Iron, MS Billets, Re- Rolled products with a Captive Power Plant (CPP).
Ankit Metal & Power Limited's Committee of Creditors held its 13th meeting, successfully convened on February 14, 2025, amidst the ongoing Corporate Insolvency Resolution Process (CIRP). The e-voting concluded on February 20, with the required majority approving the challenge process mechanism document. This update reflects progress in the restructuring efforts...
Ankit Metal & Power Limited has convened its Twelfth Meeting of the Committee of Creditors, where a key resolution was approved by the majority to appoint an agency for 29A evaluation and due diligence services. Additionally, lease agreements with Sova Electrocasting Limited and Kunj Bihari Steel Private Limited, dated April...
Ankit Metal & Power Limited has announced a board meeting regarding the Tenth Meeting of the Committee of Creditors (CoC), where significant resolutions were approved. The CoC consented to appoint an agency for asset tracing, approved changes in security charges per West Bengal Government notification, and sanctioned CIRP costs incurred...
Ankit Metal & Power Limited has convened the 10th Meeting of its Committee of Creditors (CoC), where members approved significant resolutions related to its ongoing Corporate Insolvency Resolution Process (CIRP). The resolutions include authorizing the Resolution Professional (RP) to seek an exclusion period for ongoing applications and an additional 60-day...