Board Meeting14 May 2026, 05:51 pm
Telephone Cables Ltd: 3rd CoC Meeting Held on April 16, 2026
AI Summary
The third meeting of the Committee of Creditors (CoC) for Telephone Cables Limited was held on April 16, 2026, in Chandigarh. Key agenda items included taking note of the minutes and e-voting results of the second CoC meeting, apprising the committee of the status of applications filed by the Resolution Professional (RP), and discussing/approving the eligibility criteria for prospective resolution applicants, the evaluation matrix, and the Request for Resolution Plan (RFRP). The insolvency commencement date was February 19, 2026, with an estimated closure date of August 18, 2026.
Key Highlights
- Third CoC meeting for Telephone Cables Ltd. held on April 16, 2026.
- Meeting addressed minutes of the second CoC meeting and e-voting results.
- Eligibility criteria for resolution applicants and evaluation matrix discussed.
- Insolvency commencement date: February 19, 2026.
- Estimated closure date for the resolution process: August 18, 2026.
Price Impact
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