Legal11 Nov 2026, 06:11 pm
Telephone Cables Ltd Undergoing CIRP
AI Summary
Telephone Cables Limited is currently undergoing the Corporate Insolvency Resolution Process (CIRP) following an order from the National Company Law Tribunal (NCLT), Chandigarh Bench, dated February 19, 2026. The Resolution Professional has initiated the process to invite prospective resolution applicants to submit plans for the company's revival. Expressions of Interest (EOIs) have been invited through Form G, in line with the Insolvency and Bankruptcy Code, 2016, aiming to facilitate resolution, maximize asset value, and protect stakeholder interests.
Key Highlights
- Company is undergoing Corporate Insolvency Resolution Process (CIRP).
- NCLT order dated 19.02.2026 initiated the CIRP.
- Resolution Professional invited Expressions of Interest (EOIs).
- Objective is revival, asset maximization, and stakeholder protection.
Price Impact
More from TELECABL