Compuage Infocom Limited has informed the Exchange about the Outcomes of 25th COC meeting
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Compuage Infocom Limited, which has been under Corporate Insolvency Resolution Process (CIRP) since NCLT order dated 29.04.2024, held its 25th Committee of Creditors meeting on 14th May 2026. The COC approved two resolutions: (1) a settlement proposal with debtor BK Enterprises, and (2) appointment of Mr. Ashutosh Kumar for legal representation before the Judicial Magistrate of First Class, Patiala House, New Delhi. The e-voting for these resolutions concluded on 25th May 2026. The Resolution Professional managing the process is Mr. Gajesh Labhchand Jain.
The approval of the settlement with BK Enterprises indicates progress in the insolvency resolution process. Continued COC meetings and approvals suggest the company is moving toward final resolution, though the outcome for existing shareholders remains uncertain until a formal resolution plan is approved.