Board Meeting14 May 2026, 05:41 pm
Telephone Cables Ltd: First CoC Meeting on 20.03.2026
AI Summary
The first Committee of Creditors (CoC) meeting for Telephone Cables Limited was conducted on March 20, 2026, in Chandigarh. The meeting addressed various agenda items, including the appointment of an Interim Resolution Professional, review of creditor claims, constitution of the CoC, status of assets, and actions taken by the IRP. Approvals were sought for matters such as electricity connection, tree clearance, building repairs, and appointment of legal counsel and security agency.
Key Highlights
- First CoC meeting held on March 20, 2026, in Chandigarh.
- Agenda included appointment of Resolution Professional and creditor claims review.
- Approval sought for operational expenses and legal representation.
- Discussed valuation of assets and transaction audit requirements.
Price Impact
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