Business Update13 Feb 2026, 05:01 pm
JCT Ltd: CoC Decides to Start Commercial Negotiations and Seek CIRP Extension
AI Summary
J C T Limited's Ninth Committee of Creditors (CoC) meeting was held on Tuesday, 10 February, 2026. During the meeting, CoC members made two key decisions: (1) to initiate commercial negotiations with Resolution Applicants, and (2) to request a 60-day extension of the Corporate Insolvency Resolution Process (CIRP) period. This update aims to inform stakeholders and ensure transparency.
Key Highlights
- JCT Ltd's CoC decided to start commercial negotiations with Resolution Applicants.
- The CoC seeks a 60-day extension of the CIRP period for J C T Limited.
Price Impact
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