Unitech International Ltd trades in engineering polymers, co-polymers, compound polymer and ferrous and non-ferrous metals.Business Overview: Company has a 100% Export Oriented Unit status granted by Government of India, for dealing in Ferrous and Non-ferrous Metals. Company manufactures and sells metal drums, barrels and agri-equipments and has diversified into various...
Unitech International, currently undergoing Corporate Insolvency Resolution Process (CIRP), held its first Committee of Creditors (CoC) meeting. Key items on the agenda included confirming Mr. Mayur Rajendrakumar Popat as the Resolution Professional at a monthly fee of ₹0.015 Cr. The CoC reviewed the 180-day CIRP timeline, actions taken by the...
Unitech International Limited has announced a board meeting to discuss the financial results for the quarter and half-year. The company is undergoing a corporate insolvency resolution process following an order by the National Company Law Tribunal. Creditors are invited to submit claims by the specified deadline to the interim resolution...
Unitech International Limited is undergoing Corporate Insolvency Resolution Process (CIRP), admitted following a petition by 4G Plastics Inc. for default on acrylic raw material payments totaling approximately Rs. 3.42 crore. The dispute arose from multiple unpaid invoices issued in 2022. While Unitech acknowledged a temporary financial crunch delaying payments, it...
Unitech International Limited is undergoing Corporate Insolvency Resolution Process (CIRP) after 4G Plastics Inc. filed a petition for default on an operational debt of Rs. 3.42 crore related to unpaid invoices for acrylic raw materials supplied in 2021-22. The tribunal found the default established, noting the Corporate Debtor admitted some...
