Outcome of the 10th meeting of Committee of Creditors (CoC)
ARSHIYA · price
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Arshiya Limited, currently under Corporate Insolvency Resolution Process (CIRP), held its 10th meeting of the Committee of Creditors on July 29, 2025, via video conferencing. The Resolution Professional updated the CoC on the status of the insolvency process, discussed an extension in the CIRP timeline, and reviewed the company's operations. No resolution plan approval or major decision was announced in this filing. The company remains in active insolvency proceedings.
This is a procedural update on the ongoing insolvency process. The discussion of a CIRP extension suggests possible delays in reaching a resolution, which may keep uncertainty high for shareholders awaiting clarity on recovery, restructuring, or liquidation outcomes.