
Legal14 Jul 2026, 06:11 pm
Zicom Electronic Security Systems: NCLT Hearing on Resolution Plan Set for July 17
AI Summary
Zicom Electronic Security Systems Ltd has filed a Resolution Plan Application with the Hon'ble NCLT Mumbai Bench. The next hearing date for this application is scheduled for July 17, 2026. This filing is part of an ongoing insolvency proceeding initiated by IDBI Bank Limited under Section 7 of the Insolvency and Bankruptcy Code, 2016. The NCLT order dated July 2, 2026, indicates that arguments from various parties, including the applicant (Central Bank of India) and respondents, will continue on the next date. Both IA/1566/2026 and IA(PLAN)/32/2026 are listed for further consideration on July 17, 2026.
Key Highlights
- Resolution Plan Application filed with NCLT Mumbai Bench.
- Next hearing date for the resolution plan is July 17, 2026.
- Proceeding is under the Insolvency and Bankruptcy Code, 2016.
- Related to a case filed by IDBI Bank Limited against Zicom.
- Legal proceedings and arguments to continue on the next hearing date.
Price Impact