Quadrant Televentures Limited’s Committee of Creditors (CoC) has approved an agenda item related to a shorter notice period. This decision was made during the 15th meeting of the CoC, which is currently overseeing the company’s Corporate Insolvency Resolution Process (CIRP). The e-voting concluded with 100% approval for the resolution, signaling a move forward in the CIRP proceedings.
Committee of Creditors Approves Key Resolution
Quadrant Televentures Limited has announced that its Committee of Creditors (CoC) has approved a significant agenda item during its 15th meeting. The resolution, which pertained to considering and approving a shorter notice period, received unanimous support from the CoC members. The e-voting process, conducted in accordance with the Insolvency and Bankruptcy Board of India (CIRP) Regulations, concluded with a decisive 100% approval.
Progress in Insolvency Resolution
This approval marks a procedural step forward in the Corporate Insolvency Resolution Process (CIRP) that Quadrant Televentures Limited is undergoing. The CoC’s decision to endorse the shorter notice period indicates a consensus among creditors on managing the resolution process efficiently. The company is under CIRP as per a National Company Law Tribunal (NCLT) order dated September 2, 2025.
Source: BSE
