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The Company is undergoing Corporate Insolvency Resolution Process (CIRP) pursuant to the Order of the Hon’ble National Company Law Tribunal (NCLT), Kolkata Bench dated 21st October 2021. In this order, the Hon’ble NCLT has appointed Mr. Girish Siriram Juneja with IP Registration No. IBBI/IPA-001/IP-P00999/2017-2018/11646, as the Interim Resolution Professional (IRP) to carry out the functions as mentioned under the Insolvency & Bankruptcy Code, 2016 (IBC). Further, the Committee of Creditors (CoC) at its meeting dated 28.01.2022 appointed IRP as the Resolution Professional (RP). The Resolution Plan filed by the RP for approval of the Hon’ble NCLT is pending as on date.
Pending this, related applications were filed before NCLAT, New Delhi which have been dismissed. Consequent to this, applications were filed before the Hon'ble Supreme Court of India and the matter is still pending before the apex court.

The Company is undergoing Corporate Insolvency Resolution Process (CIRP) pursuant to the Order of the Hon’ble National Company Law Tribunal (NCLT), Kolkata Bench dated 21st October 2021. In this order, the Hon’ble NCLT has appointed Mr. Girish Siriram Juneja with IP Registration No. IBBI/IPA-001/IP-P00999/2017-2018/11646, as the Interim Resolution Professional (IRP) to carry out the functions as mentioned under the Insolvency & Bankruptcy Code, 2016 (IBC). Further, the Committee of Creditors (CoC) at its meeting dated 28.01.2022 appointed IRP as the Resolution Professional (RP). The Resolution Plan filed by the RP for approval of the Hon’ble NCLT is pending as on date.
Pending this, related applications were filed before NCLAT, New Delhi which have been dismissed. Consequent to this, applications were filed before the Hon'ble Supreme Court of India and the matter is still pending before the apex court.

Credit Rating as on
27^th Dec, 2017
Care Rating as of March 2017 on
Banking Facilities & NCDs
Care Rating as of March 2017 on
Banking Facilities & NCDs
Care Revised Rating of
NCDs & Banks
Credit Rating as on
March, 2019
Review of rating for the outstanding Non-Convertible Debentures of
Rs. 100 Crores
Review of rating for the outstanding Non-Convertible Debentures of
Rs. 25 Crores
Review of rating for on-going
Short Term Debt
Review of rating of bank Facilities of
Rs. 2465.8 Crores

Contact Us

Hindusthan National Glass & Industries Ltd.
2, Red Cross Place, Kolkata - 700001
West Bengal, India