Quarterly Result25 Mar 2026, 01:11 pm
Bloom Dekor Limited's 22nd COC Meeting Approves Payment to BSNL, EMD Refund, and Internal Auditor Appointment
AI Summary
The 22nd Committee of Creditors (COC) Meeting of Bloom Dekor Limited was held on 19th March, 2026. The meeting discussed various matters in accordance with the Insolvency and Bankruptcy Code, 2016. Key decisions include the approval of payment to BSNL, refund of Earnest Money Deposit (EMD) to Mishtann Foods Limited, authorization for Resolution Professional to conduct due diligence of Resolution Applicant, and appointment of B. T. Vora & Co., Chartered Accountants as Internal Auditors for F.Y. 2025-26.
Key Highlights
- Approved and ratified the payment made to BSNL pursuant to the settlement arrived in respect of pending dues of Corporate Debtor before Lok Adalat.
- Approved and authorized the Resolution Professional to refund of the Earnest Money Deposit (EMD) amounting to Rs. 60,00,0001 - (Rupees Sixty Lakh only) submitted by Mishtann Foods Limited.
- Approved and authorized the Resolution Professional to conduct due diligence of the Resolution Applicant for the purpose of determining their eligibility under Section 29A of the Code.
- Approved the appointment of B. T. Vora & Co., Chartered Accountants at a professional fees of Rs. 60,0001 - for yearly report plus GST for F.Y. 2025-26 as Internal Auditors of Mis. Bloom Dekor Limited in CIRP.
Price Impact
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