StockWatch
·
TV Broadcasting & Software Production
Legal2 Aug 2026, 09:30 am

TV Vision Ltd Enters Corporate Insolvency Resolution Process

AI Summary

TV Vision Ltd has officially entered the Corporate Insolvency Resolution Process (CIRP) following an order from the National Company Law Tribunal (NCLT), Mumbai Bench. The Interim Resolution Professional (IRP), Mr. Alok Kumar Murarka, has issued a public announcement as per the Insolvency and Bankruptcy Code, 2016. Creditors are invited to submit their claims by August 13, 2026. The estimated closure date for the resolution process is January 26, 2027, marking a significant development for the company and its stakeholders.

Key Highlights

  • TV Vision Ltd initiated into Corporate Insolvency Resolution Process.
  • NCLT Mumbai admits application under Insolvency and Bankruptcy Code.
  • Creditors must submit claims by August 13, 2026.
  • IRP appointed to manage the resolution process.
  • Estimated resolution process closure by January 26, 2027.