
Legal29 Apr 2026, 07:11 pm
SAB Events CoC notes Resolution Applicant eligibility documents in PPIRP
AI Summary
The Committee of Creditors (CoC) of SAB Events & Governance Now Media Ltd, during its 5th meeting for the ongoing Pre-Packaged Insolvency Resolution Process (PPIRP), has formally considered, noted, and taken on record the Affidavit and Legal Opinion. These documents pertain to the eligibility of the Resolution Applicant and were submitted to the Hon'ble National Company Law Tribunal (NCLT) following its directions dated April 21, 2026. This action follows the CoC's previous request for additional time to review these crucial submissions.
Key Highlights
- CoC considered Affidavit and Legal Opinion on Resolution Applicant eligibility.
- Documents were submitted to NCLT as per its directions.
- Action relates to the ongoing Pre-Packaged Insolvency Resolution Process.
- CoC had previously requested more time for document consideration.
Price Impact
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