Outcome of the 6th Meeting of the Committee of Creditors. 4th and 5th Meeting of Committee of Creditors was also conducted wherein no material decisions were taken.
Awaiting price reaction for this filing.
JCT Limited, currently under the Corporate Insolvency Resolution Process (CIRP), held its 6th meeting of the Committee of Creditors (CoC) on December 1, 2025 via video conferencing. Through e-voting concluded on December 9, 2025, the CoC approved the Request for Resolution Plan (RFRP) and the Evaluation Matrix — a key step toward inviting and evaluating bids to revive the company. Two prior meetings (4th on October 16, 2025 and 5th on November 21, 2025) were also held but no material decisions were taken. The communication was filed by the appointed Resolution Professional, Umesh Garg.
This is a procedural milestone in the ongoing insolvency process — approving the RFRP and evaluation framework moves JCT closer to receiving formal resolution bids, but no resolution plan has been approved yet, so the future of the company and its equity remains uncertain. Shareholders should expect continued volatility until a resolution plan is finalised and approved by the NCLT.