MEP Infrastructure Developers Limited has informed the Exchange about Corporate Insolvency Resolution Process
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MEP Infrastructure Developers informed the exchanges about the 16th meeting of the Committee of Creditors (CoC) held under the Corporate Insolvency Resolution Process (CIRP). The meeting took place on 3rd July 2025 and concluded on 7th July 2025 after being adjourned. The company has been under CIRP since the NCLT order dated 28th March 2024, with Mr. Ravindra Kumar Goyal serving as the Resolution Professional. A moratorium under Section 14 of the Insolvency and Bankruptcy Code, 2016 remains in effect, and the company continues to work through the resolution process with regular CoC meetings.
For shareholders, this filing confirms that the insolvency process is still ongoing, which typically means significant uncertainty about share value recovery. Regular CoC meetings indicate active progress toward a resolution plan, but until a plan is approved and implemented, equity holders face the risk of poor or no returns under IBC waterfall norms.