DEAR SENIORS,
WE ARE ONE OF THE UNSECURED CREDITORS OF A PSU WHICH HAS BEEN DECLARED SICK UNDER BIFR . THE RESULT FOR THAT PSU IN THE BIFR WEBSITE SHOWS "DECLARED SICK/DRS AWAITED"
WE REQUEST THE SENIORS TO GUIDE AS WHAT WE SHOULD DO NOW. THAT IS TO SAY:
1. WHETHER WE NEED TO FILE ANY PETITION STATING THAT WE ARE ALSO UNSECURED CREDITORS.
2. ALTERNATIVELY, WHETHER WE SHOULD INFORM THE PSU THAT WE SHOULD BE ADDED AS PARTIES IN THE PETITION IN BIFR.
ADDITIONAL INFORMATION: WE HAVE TAKEN CONFIRMATION OF BALANCE IN THEIR ACCOUNTS AS ON DATE.
PLEASE GUIDE.
REGARDS,
PRK
