
Legal24 Oct 2026, 11:00 am
Quadrant Televentures: Creditors Approve Legal Counsel Appointment
AI Summary
Quadrant Televentures Limited's Committee of Creditors (CoC) held its 17th meeting on October 17, 2026. The e-voting process concluded as per IBBI regulations. A key resolution to ratify the appointment of legal counsel to represent the Resolution Professional in an interlocutory application filed by DOT, along with associated professional fees, was put to vote. The resolution was approved by 95.6% of the voting share, exceeding the required 51% threshold.
Key Highlights
- CoC meeting held on October 17, 2026.
- Resolution to appoint legal counsel approved.
- Approval secured with 95.6% of voting share.
- Legal counsel will represent Resolution Professional.
Price Impact
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