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MMTC Ltd. — Regulatory Filings 2021
Oct 8, 2021
60315_rns_2021-10-08_25153d1a-2299-435a-8d65-640959248b9f.pdf
Regulatory Filings
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MMTC LIMITED
Core #1, Scope Complex, 7, Institutional Area, Lodi Road, New Delhi -110003. Phone No:24362200; 24361889 Email: [email protected] Website : www.mmtclimited.com CIN: L51909DL1963GOI004033
No. BS/325/SE.S/2019
Dated:8.10.2021
| The Listing Department,NationalStockExchangeofIndiaLimited, Exchange Plaza,Bandra Kurla Complex, Bandra(E)Mumbai 400051Symbol& Series: MMTC/EQ | Department of Corporate Services,Bombay Stock Exchange Limited,Phiroze Jeejeebhoy Towers,Dalal Street,Mumbai 400001Company Scrip Code:513377 |
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Sub:- Intimation u/r 30 of SEBI(LODR) 2015 regarding outcome of Hon’ble High Court judgement order in the matter of M/s Anglo Coal Pte Ltd vs. MMTC Ltd. in the hearing held on 27.9.2021
Dear Sir/Madam,
Further to our previous communication dated 17.9.2021 on the subject, it is hereby informed that in its judgement order dated 28.9.2021, the Hon’ble High Court of Delhi directed the Judgment Debtor (MMTC Ltd) that an amount to the extent of Rs. 1,000 Crores from the surplus amount, once received from the disinvestment proceeds of NINL, be deposited before this Court, after adjustments of the dues of the banks under the Master Debt Resolution Agreement dated 8[th] June, 2021. It was also directed that till the next date of hearing, the Judgment Debtor shall not transfer, encumber, assign, or sell its shareholding or any benefit accruing thereon in the associate companies listed as Item Nos. 2 to 5 mentioned in the table given in the judgement order.
With regard to application of decree holder for attachment of bank accounts of Judgment Debtor, the Hon’ble Court directed to file a fresh statement of account giving details of the funds available as on 28th September, 2021 and also disclose the amounts which were available with the bank accounts mentioned in para 13 of the Order dated 27th August, 2021, as on the date of the order. Order dt. 28.9.2021 in No. OMP (ENF.) (COMM.) 19/2018 is available on the website of High Court of Delhi.
The above is submitted for your information and records, pls.
Thanking you,
Yours faithfully, For MMTC Limited
G ANANDANARAYANAN Digitally signed by G ANANDANARAYANAN DN: c=IN, o=MMTC LIMITED, postalCode=110003, st=Delhi, 2.5.4.20=886750f107ba6b43e7bcf02a2c995b20af97dd8175618bbcf42a2bdf2c6810c7, serialNumber=a714cf5443bfb4dbf64ff5f27b1befeb9c09f4633f0592762b7ba62248475431, cn=G ANANDANARAYANAN Date: 2021.10.08 10:16:31 +05'30'
(G. Anandanarayanan) Company Secretary