Quadrant Televentures Limited has formally submitted its Resolution Plan, approved by the Committee of Creditors (CoC), to the Hon’ble National Company Law Tribunal (NCLT), Mumbai Bench-I. This submission, dated August 27, 2026, is for final approval under Section 31 of the Insolvency and Bankruptcy Code, 2016 (IBC). The company has been undergoing Corporate Insolvency Resolution Process (CIRP) since an NCLT order on September 2, 2025.
Formal Submission of Resolution Plan
Quadrant Televentures Limited has taken a significant step in its Corporate Insolvency Resolution Process (CIRP). On August 27, 2026, the company’s Resolution Professional (RP) formally submitted the Resolution Plan to the Hon’ble National Company Law Tribunal (NCLT), Mumbai Bench-I. This plan was previously approved by the Committee of Creditors (CoC) in accordance with the Insolvency and Bankruptcy Code, 2016 (IBC).
Path to Final Approval
The submission to the NCLT is for the tribunal’s final approval, as mandated by Section 31 of the IBC. Quadrant Televentures Limited has been under CIRP pursuant to an NCLT order dated September 2, 2025. This development marks a crucial stage in the resolution process, aiming to finalize the company’s future structure and operations.
Source: BSE
