CIRP: Telephone Cables invites resolution applicants

Nclt Insolvency AdmittedRegulatory & Legal View source PDF Explain this filing

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Telephone Cables Ltd, a non-operational cable maker (PJIF cables) shut since 2005, is undergoing Corporate Insolvency Resolution Process after NCLT Chandigarh admitted insolvency on 19 Feb 2026. The resolution professional has issued Form G inviting Expressions of Interest from buyers. Key assets are in Mohali and Kolewal, Punjab. Zero employees, zero production. EOI deadline 4 May 2026, final list 29 May 2026, resolution plans due 3 July 2026.

Likely market impact

Existing shareholders face near-total loss risk as the company is non-operational and now in formal insolvency. Any recovery depends on an approved resolution plan.