Compuage Infocom Limited has informed the Exchange about the outcomes of 24th COC meeting
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Compuage Infocom Limited, currently under Corporate Insolvency Resolution Process (CIRP) following NCLT order dated 29.04.2024, has disclosed outcomes of its 24th COC meeting held on 25th March 2026 with e-voting concluded on 10th April 2026. The COC approved appointment of legal representatives (Adv Sunil D'souza and M/s Anchorstone Legal) for High Court and Sessions Court representation. Multiple settlement proposals with debtors including Conventus Technologies, Nigama Computech, APS Tech Systems, Triangular Automation, Smart Power Solutions, and Alco Infotech were approved. One settlement with Global Networks was deferred, and the proposal to shift the company's registered office was rejected. Chartered accountant services from M/s R.I Jain & Co. for CIT Appeal were also approved.
The company remains under insolvency proceedings with the Resolution Professional managing affairs. Approval of multiple settlements indicates progress in debt resolution, though deferred items and rejected proposals may affect the timeline. Shareholders should note the company is not under normal operations.