TV Vision Ltd: CoC Approves CIRP Costs and Employee Dues

TV Vision Limited's Committee of Creditors (CoC) held its second meeting on September 25, 2026, to discuss the Corporate Insolvency Resolution Process (CIRP). Key resolutions approved include the CIRP costs incurred by the Resolution Professional (RP) from July 30, 2026, to the meeting date, amounting to ₹7,00,481. The CoC also approved estimated CIRP costs and cash flow projections until the next meeting, authorizing the RP to incur expenses within these estimates. Additionally, salaries, wages, and professional dues for August 2026, totaling ₹2,68,260 for three employees and one professional, were ratified. The CoC decided that Ms. Priya Paranjape and Mr. Sunil Jondhalekar's engagement would discontinue from October 2026, while authorizing the RP to continue paying remaining employees and manage workforce rationalization as part of CIRP costs. E-voting on these resolutions took place from September 28 to October 1, 2026.