The Corporate Debtor is involved in Mining of iron ores including mining of hematite, magnetite, limonite, siderite or taconite etc. which are valued chiefly for iron content.
The Corporate Insolvency Resolution Process initiated under Section 7 against the Corporate Debtor on 5th May, 2021 by the Hon’ble National Company Law Tribunal, Kolkata Bench vide its order being C.P. (IB) 1078/MB/C-IV/2020. However, the said order copy was uploaded on the website of the NCLT on 18th May, 2021.
On 5th May, 2021, Mr. Anup Kumar Singh having Registration Number- IBBI/IPA-001/IP-P00153/2017-2018/10322 was appointed as the Interim Resolution Professional of Muktar Minerals Private Limited.