Legal21 Jul 2026, 08:10 pm
SAB Events & Governance Now Media Ltd: NCLT Approves Resolution Plan
AI Summary
SAB Events & Governance Now Media Ltd has received the Certified True Copy of the Order from the Hon'ble NCLT, Mumbai Bench, dated July 10, 2026. This order approves the Resolution Plan under the Pre-Packaged Insolvency Resolution Process (PPIRP). The company had initially filed the PPIRP application on October 17, 2025, and the NCLT's approval signifies a significant step in its insolvency resolution. The resolution plan was approved by a 100% majority in the 4th Committee of Creditors meeting held on February 6, 2026. The company operates in digital media, websites, and MICE services under the 'Governance Now' brand.
Key Highlights
- NCLT approves Resolution Plan for SAB Events & Governance Now Media Ltd.
- Approval follows Pre-Packaged Insolvency Resolution Process (PPIRP).
- Resolution Plan received 100% approval from Committee of Creditors.
- Company operates in digital media and MICE services.
- This is a legal and regulatory development for the company.
Price Impact
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