Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, the undersigned hereby informs the post facto outcome of 16th Meeting of CoC held on 15thJuly, 2022. As per the agenda inter alia the following items were discussed and voted upon, where ever required, pursuant to the provisions of the Insolvency and Bankruptcy Code, 2016 and Regulations framed there under.
In the said meeting, Member of COC discussed following matters :
1. Ratification of Expenses incurred from the expiration of CIRP on 25.12.2021 till the instant 16th CoC Meeting.
2. Discussion and approval of the raising of Interim Finance pursuant to Section 20 read with Section 28(1)(A) of IBC, 2016.
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