Unitech International Ltd — Important, 06-11-2025: Company Update

Unitech International's Committee of Creditors held its third meeting, approving key steps in the Corporate Insolvency Resolution Process. The CoC authorized inviting Expressions of Interest from potential resolution applicants and ratified all CIRP costs, including fees for the Resolution Professional, legal counsel, Company Secretary, and Accountant. They also approved interim funding with specific repayment instructions and ratified the Statutory Auditor's appointment. Additionally, revised rent for the registered office was approved, becoming part of CIRP costs. These actions advance the company's insolvency resolution.