Spectra Industries Ltd: Committee of Creditors Considers Resolution Plans and Liquidation Cost

The Committee of Creditors of Spectra Industries Ltd, at its meeting held on 26th June 2025, considered various matters including the feasibility and viability of resolution plans, evaluation matrix of the plans, assessment of sale of the corporate debtor as a going concern, ratification of due diligence and legal cost, and consideration of the appointment of a liquidator. The meeting also discussed the plan for meeting liquidation cost as per the Insolvency and Bankruptcy Code, 2016. The resolution professional is Kamal Kishor Gurnani.