Outcome of 14th Committee of Creditors Meeting
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Bloom Dekor Limited, currently under Corporate Insolvency Resolution Process (CIRP), held its 14th CoC meeting on August 4, 2025, with voting concluding on August 19, 2025. The CoC approved several routine matters by 100% majority, including ratification of CIRP and going-concern expenses, payment of Rs. 83,535 in half-yearly employee bonuses for FY 2024-25, and renewal of a leave and license agreement at Rs. 1,65,000 per month. The CoC also approved an arbitrator-directed payment of about Rs. 1,49,500 to be treated as CIRP cost, a Rs. 24,000 printer purchase, an application to BSE for waiver of SOP fines, and ratification of related-party transactions. Two pending NCLAT appeals were noted: one by the successful resolution applicant challenging an NCLT order on the resolution plan (adjourned), and one by EPFO listed for September 4, 2025. The filing also disclosed the resignation of CS Tushar Dineshbhai Donda as Senior Company Secretary and Compliance Officer effective November 19, 2024, with the Resolution Professional signing the outcome.
The company remains stuck in insolvency with no final resolution plan approval yet, and ongoing NCLAT appeals continue to delay closure — negative for shareholders awaiting any recovery. The routine, small-value CoC approvals suggest the business is being maintained on a going-concern basis, but the final outcome for equity holders is still uncertain.