Baron Infotech Ltd — Important, 03-02-2026: Company Update
03-02-2026 | 05:48 pm
03-02-2026 | 05:48 pm
Baron Infotech's Committee of Creditors (CoC) met to advance the Corporate Insolvency Resolution Process. The CoC approved crucial updates to the Information Memorandum, Bid Evaluation Matrix, and the Request for Resolution Plan – all vital steps towards a resolution. Future CoC meetings will now be held quarterly, and the shifting of the company's registered office was also approved. Decisions on Process Advisor fees, financials for the December 25 quarter, and replacement of statutory auditors were deferred, indicating these items require further review.
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