
Business Update3 April 2026 at 07:58 am
JCT Ltd Announces Approval of E-Challenge Process for Commercial Negotiations in 13th CoC Meeting
AI Summary
J C T Limited has announced the approval of the Process Documents for E-Challenge Process for commercial negotiation with Resolution Applicants. This decision was made in the 13th Meeting of the Committee of Creditors (CoC) held on Friday, 20th March, 2026 at 02:30 pm through video conferencing. The CoC Members unanimously agreed to this process, which will be used for future commercial negotiations. This is an important step for the company and its creditors, and it is expected to streamline the negotiation process.
Key Highlights
- JCT Ltd announces approval of E-Challenge Process for commercial negotiations
- Decision made in the 13th Meeting of the Committee of Creditors (CoC)
- Process Documents approved for future commercial negotiations with Resolution Applicants
- Meeting held on Friday, 20th March, 2026 at 02:30 pm through video conferencing
- Unanimous decision by the CoC Members
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