Computers Hardware & Equipments
Corporate Action10 April 2026 at 04:11 pm

Compuage Infocom COC approves legal appointments, multiple debtor settlements

AI Summary

The 24th Committee of Creditors (COC) meeting for Compuage Infocom Limited, held on March 25, 2026, with e-voting concluding on April 10, 2026, saw several key resolutions approved. The COC approved the appointment of Adv Sunil D’souza and M/s Anchorstone Legal for representation before the Hon’ble High Court, Bombay and Sessions Court of Greater Bombay. Multiple settlements proposed by debtors including M/s. Conventus Technologies Pvt. Ltd., M/s Nigama Computech Services (P) Ltd., M/s. APS Tech Systems Pvt. Ltd., M/s. Triangular Automation Pvt. Ltd., M/s I Smart Power Solutions, and M/s. Alco Infotech P. Ltd. were also approved. A settlement proposed by M/s Global Networks was deferred. The proposal to shift the company's Registered Office within local limits was rejected. Additionally, the quotation from M/s R.I Jain & Co. Chartered Accountants for handling CIT Appeal for AY 2024-25 was approved. The company is currently under Corporate Insolvency Resolution Process.

Key Highlights

  • COC approved appointment of Adv Sunil D’souza and M/s Anchorstone Legal for court representation.
  • Multiple debtor settlements, including Conventus Technologies and APS Tech Systems, were approved.
  • Settlement proposed by M/s Global Networks was deferred by the COC.
  • Proposal to shift the company's Registered Office within city limits was rejected.
  • Approved M/s R.I Jain & Co. for handling CIT Appeal for AY 2024-25.