53rd meeting of the committee of creditors of Fernhill Project of the Company situated at District Gurgaon…
As filed · The Company has informed the stock exchanges that the 53rd meeting of the committee of creditors of Fernhill Project of the Company situated at District Gurgaon, Haryana, is scheduled to be held on th
DistressDeterioratingCriticalmateriality 97 out of 100
What happened
FactThe Company has informed the stock exchanges that the 53rd meeting of the committee of creditors of Fernhill Project of the Company situated at District Gurgaon, Haryana, is scheduled to be held on the 15th June, 2026. Prior intimation – 53rd Meeting of the Committee of Creditors for. into Corporate Insolvency Resolution Process vide Order dated the.
Why it matters
CapitSignal interpretationOnce an insolvency process is admitted, control of the company passes from the board to a resolution professional and equity ranks last in any recovery.
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Fact- Admission or rejection of the application by the tribunal
- Appointment of a resolution professional
- Claims admitted against the company
Evidence
How CapitSignal classified this
- Reasoning:
- INSOLVENCY base 93; +4 corroborating keywords; explicit insolvency/default evidence present; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 90%