RCI Industries & Technologies Ltd — Important, 09-12-2025: Company Update
09-12-2025 | 04:14 pm
09-12-2025 | 04:14 pm
The Monitoring Committee, established under the company's approved Resolution Plan, met to review the implementation status. It confirmed the completion of crucial activities, including payments, return of bank guarantees, and the release of mortgaged property documents. The committee authorized its Chairman to submit the Closure/Compliance Report to the NCLT. Significantly, the committee noted its own dissolution, signaling a major step towards the successful conclusion of the corporate insolvency resolution process and full implementation of the Resolution Plan.
No comments yet. Be the first to comment!
