Satiate Agri Ltd: 2nd CoC Meeting Held for CIRP
Satiate Agri Limited, currently under Corporate Insolvency Resolution Process (CIRP), held its 2nd Committee of Creditors (CoC) meeting on October 19, 2026. The meeting, conducted via video conferencing, discussed and voted on several key agendas. These included noting developments since the last meeting, reviewing and ratifying CIRP costs incurred by the Resolution Professional against estimates, approving proposed CIRP expenses until the next meeting, and discussing the appointment and fees of valuers. Additionally, the CoC deliberated on the publication of Form G, eligibility criteria for potential resolution applicants, and the terms for Expression of Interest (EoI) and Request for Resolution Plan (RFRP). All resolutions were approved by the CoC members with the requisite majority as per the Insolvency and Bankruptcy Code, 2016.
Key Highlights
- Second Committee of Creditors meeting for Satiate Agri Ltd's CIRP concluded.
- CIRP costs and proposed future expenses were discussed and ratified.
- Valuer appointments and fees were addressed.
- Publication of Form G and eligibility criteria were decided.
- Terms for EoI and RFRP were discussed.
Price Impact
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