Quadrant Televentures Limited’s Committee of Creditors (CoC) has approved a resolution to shorten the notice period for upcoming meetings. This decision, made during the 18th meeting of the CoC, was passed with 100% approval from the voting members. The resolution was part of the ongoing Corporate Insolvency Resolution Process (CIRP) initiated by NCLT order dated September 2, 2025. This move signals a push for expedited decision-making within the CIRP.
Key Resolution Approved by Creditors
The Committee of Creditors (CoC) for Quadrant Televentures Limited, currently undergoing Corporate Insolvency Resolution Process (CIRP), has officially approved a crucial agenda item. During the 18th meeting of the CoC, a resolution to “APPROVE SHORTER NOTICE PERIOD AGENDA” was put to vote. The outcome was a unanimous decision, with 100% of the voting members approving the resolution.
Impact on CIRP Process
This approval signifies a step towards streamlining the decision-making processes within the ongoing CIRP. The CoC’s ability to pass resolutions pertaining to notice periods is vital for the efficient conduct of meetings and the overall progression of the insolvency resolution. The resolution was approved in accordance with the Insolvency and Bankruptcy Board of India (IBBI) regulations. The e-voting for this item concluded successfully, reflecting the committee’s consensus on expediting procedural aspects of the resolution process.
Source: BSE
