Baron Infotech Ltd — Important, 26-12-2025: Company Update
26-12-2025 | 06:41 pm
26-12-2025 | 06:41 pm
Baron Infotech's Committee of Creditors (CoC) held its fifteenth meeting, approving key resolutions critical for the ongoing Corporate Insolvency Resolution Process (CIRP). The CoC consented to a shorter 48-hour notice period for future meetings. They also approved expenses for the corporate office, sought an extension for the CIRP period, including time exclusion and legal expenses. Additionally, fees for legal counsel handling National Company Law Tribunal (NCLT) matters were sanctioned. These approvals ensure the smooth continuation of the resolution process and management of associated costs.
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