Zicom Electronic Security Systems Ltd: Resolution Plan Approved by NCLT

Zicom Electronic Security Systems Ltd has announced that the National Company Law Tribunal (NCLT), Mumbai Bench, has approved the resolution plan submitted by Advaita Trading Private Limited. This approval, dated September 24, 2026, pertains to the insolvency process of Zicom Electronic Security Systems Limited. The company has submitted the NCLT's order for dissemination. The resolution plan was filed by the Resolution Professional, Chirag Shah, under the Insolvency and Bankruptcy Code, 2016, seeking approval for the plan submitted by Advaita Trading Private Limited, the successful resolution applicant. The corporate debtor, Zicom Electronic Security Systems Limited, is a public listed company incorporated in 1994, engaged in electronic security solutions.