MEP Infrastructure Developers LimitedMEPMixedCriticalmateriality 98 out of 100
'Regulation 30 updates w.r.t. Resolution Plan as approved by COC
Update 3 of 6 in a matter ongoing since
Distressinsolvency
As filed
MEP Infrastructure Developers Limited has informed the Exchange regarding 'Regulation 30 updates w.r.t. Resolution Plan as approved by COC.
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.