StockWatch
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Telecom - Cellular & Fixed line services
Legal27 Aug 2026, 06:10 pm

Quadrant Televentures Resolution Plan Filed with NCLT

AI Summary

Quadrant Televentures Ltd has formally submitted its Resolution Plan, approved by the Committee of Creditors (CoC) under the Insolvency and Bankruptcy Code, 2016 (IBC), to the National Company Law Tribunal (NCLT), Mumbai Bench-I. The filing on August 27, 2026, seeks final approval from the tribunal under Section 31 of the IBC. This action marks a significant step in the company's insolvency resolution process.

Key Highlights

  • Resolution Plan submitted to NCLT for final approval.
  • Plan approved by Committee of Creditors (CoC).
  • Filed under Insolvency and Bankruptcy Code, 2016.
  • Awaiting tribunal's final decision.
  • Marks a key stage in the company's insolvency process.