StockWatch
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Telecom - Cellular & Fixed line services
Legal13 Oct 2026, 12:54 pm

Quadrant Televentures CoC Approves Senior Counsel Fees

AI Summary

Quadrant Televentures Limited's Committee of Creditors (CoC) met on September 28, 2026, for its sixteenth meeting. During this meeting, resolutions were put to vote, and the CoC approved the appointment of senior counsel and professional fees for the Resolution Professional's representation in an interlocutory application concerning the approval of a resolution plan. The resolution for these fees was approved with 95.6% of the votes, exceeding the 51% required.

Key Highlights

  • CoC meeting held on September 28, 2026.
  • Resolution for senior counsel fees approved.
  • 95.6% of CoC votes in favor of the resolution.
  • Fees relate to Resolution Professional's representation.