Simbhaoli Sugars CoC Holds First Meeting, E-voting on July 27-31

Simbhaoli Sugars Limited has provided a post-facto intimation regarding the first meeting of its Committee of Creditors (CoC), held on July 23, 2026. The meeting, conducted under the Insolvency and Bankruptcy Code, 2016, discussed Corporate Insolvency Resolution Process (CIRP) updates, including timelines, claims, business operations, and legal matters. Key decisions were put forth for e-voting, which will commence on July 27, 2026, at 5 PM and conclude on July 31, 2026, at 5 PM, with potential extensions. The company is undergoing CIRP since July 11, 2024, with Mr. Anurag Goel appointed as the Interim Resolution Professional. The NCLAT vacated a stay on July 13, 2026.