BSEZicom Electronic Security Systems Ltd-$HighNeutral
Announced Wed, 4 Nov, 2026 · 18:03 IST
Tribunal pauses disputed Zicom creditor payout process
Price reaction
Awaiting price reaction for this filing.
AI summary
Zicom is under the Corporate Insolvency Resolution Process. On October 26, 2026, NCLAT said further action under the disputed order must wait for the appeal result and listed the case for November 18, 2026. The dispute concerns dividing Rs 16 crore set aside for financial creditors, including minimum payment for dissenting creditors.
Likely market impact
Further action on the disputed creditor payout is delayed until the appeal is decided, reducing immediate execution risk but leaving recoveries unresolved.