Outcome of the 15th meeting of the Committee of Creditors of the Company held on Friday, October 17, 2025.
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Cian Healthcare's Resolution Professional chaired the 15th CoC meeting on October 17, 2025, under the ongoing Corporate Insolvency Resolution Process (CIRP). The main agenda was to discuss and put to vote proposed modifications to the Resolution Plan submitted by the Successful Resolution Applicant, Mr. Pradeep Kumar Jain. The changes relate to Clause 7.4(k), Clause 8 (accounting treatment), and Clause 13 (Reliefs & Concessions). The NCLT Mumbai Bench had permitted this meeting during its October 7, 2025 hearing specifically to consider these modifications. The next NCLT hearing for approval of the Resolution Plan is scheduled for November 6, 2025.
The company remains under insolvency resolution with a Resolution Applicant already identified, but final NCLT approval is still pending. Shareholders should watch the November 6, 2025 NCLT hearing closely, as approval would mark a key milestone toward exiting CIRP, while further delays or rejections could prolong uncertainty.