Outcome of Meeting of Committee of Creditors held on Friday, 13th February, 2026
As filed · BIL VYAPAR LIMITED has informed the Exchange regarding Outcome of Meeting of Committee of Creditors held on Friday, 13th February, 2026
DistressDeterioratingCriticalmateriality 100 out of 100
What happened
FactBIL VYAPAR LIMITED has informed the Exchange regarding Outcome of Meeting of Committee of Creditors held on Friday, 13th February, 2026. 25t Floor, Phiroze Jeejeebhoy Towers,. that, Committee of Creditors (CoC) in their meeting held today ie.
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; +5 quantified amount; +3 quantified percentage; explicit insolvency/default evidence present; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%