Outcome of 15th 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 15th CoC meeting on 18 September 2025 with e-voting concluding on 30 September 2025. The meeting noted that an NCLAT appeal (No. 1401 & 1402 of 2024) by the successful resolution applicant against the NCLT order dated 16 July 2024 regarding the approval of the Resolution Plan is listed for hearing on 4 November 2025. In a positive development, an EPFO appeal (No. 1618 of 2024) before NCLAT was disposed of in favour of the company, with NCLAT confirming no error in the NCLT's earlier rejection of EPFO's application. The CoC also approved routine matters by 100% majority, including counsel fees (Rs. 1,25,000 per hearing), CIRP expenses, staff appointments, courier services for annual report dispatch, and hiring a Company Secretary consultant.
The favorable NCLAT ruling in the EPFO matter removes a potential liability overhang, while the pending appeal on the Resolution Plan remains a key event to watch — its outcome will determine whether the resolution process moves forward toward plan implementation or faces further delays. Shareholders continue to face uncertainty given the ongoing insolvency proceedings.