Compuage Infocom 26th COC meeting - fund distribution proposal rejected
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Compuage Infocom, under CIRP since April 2024, held its 26th COC meeting on June 24, 2026. A proposal to file an NCLT application for distribution of funds from the CIRP and Indian Bank accounts was NOT approved as requisite voting was not received via e-voting. However, settlements with three debtors - Infiniti Power, Alphatech Systems, and Educare Technologies - were approved. A warehouse services agreement with Ashwamedh Express and annual listing fees for FY2026-27 to BSE and NSE were also ratified.
CIRP continues with no resolution plan yet. Fund distribution to creditors delayed as vote failed. Debtor settlements approved, showing incremental recovery progress.