Bil Vyapar Ltd: Committee of Creditors Approves Negotiation Strategy

Bil Vyapar Ltd (formerly Binani Industries Limited) has announced that its Committee of Creditors has approved the manner in which negotiations and challenges will be conducted with resolution applicants. This decision was made during the 15th Meeting of the Committee of Creditors, as per Regulation 30 of SEBI (LODR) Regulations, 2015. The company is currently undergoing the Corporate Insolvency Resolution Process (CIRP). This move signifies a procedural step towards resolving the company's insolvency.