14th CoC meeting minutes submitted under ongoing CIRP
BILVYAPAR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The company has filed minutes of its 14th Committee of Creditors meeting held under the ongoing Corporate Insolvency Resolution Process. The CoC noted the Asset Tracing Report and the Transaction Audit Report from the Resolution Professional, reviewed belated creditor claims, and discussed resolution plans received after observation. The CoC ratified the extension of the resolution plan submission deadline to 18 June and approved CIRP expenses of about Rs 6.81 lakh.
No immediate price catalyst. Company remains under insolvency resolution; shareholders await outcome of the resolution plan process and any future NCLT order.