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MEP Infrastructure Conducts 21st CoC Meeting Amid Ongoing Insolvency Process
MEP Infrastructure Developers Limited held its 21st Committee of Creditors (CoC) meeting on January 23, 2026, as part of its ongoing insolvency proceedings. The company has been under the Corporate Insolvency Resolution Process (CIRP) since March 28, 2024, following an order by the Honβble NCLT. A moratorium under Section 14 of the IBC is currently in effect, and the process is being managed by Resolution Professional Ravindra Kumar Goyal. This meeting is a continuation of the efforts to reach a resolution for the company's outstanding debts.
Key Highlights
21st CoC meeting convened on January 23, 2026, to discuss resolution progress.
Company has been under CIRP for approximately 22 months since the March 2024 NCLT order.
Moratorium under Section 14 of the Insolvency and Bankruptcy Code, 2016, remains active.
Resolution Professional (RP) Ravindra Kumar Goyal continues to oversee the company's affairs.
πΌ Action for Investors
Equity shareholders should be aware that insolvency proceedings typically result in significant capital loss or total wipeout. Avoid fresh positions until a clear resolution plan is approved and its impact on equity is disclosed.