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Morarjee Textiles Schedules 35th Committee of Creditors Meeting Under CIRP
Morarjee Textiles Limited has scheduled its 35th Committee of Creditors (CoC) meeting for March 10, 2026. The company has been undergoing the Corporate Insolvency Resolution Process (CIRP) since February 9, 2024, following an order from the NCLT Mumbai. Currently, the company's business and assets are managed by Resolution Professional Ravi Sethia. This meeting is a continuation of the long-standing insolvency proceedings aimed at resolving the company's outstanding debts.
Key Highlights
35th Meeting of the Committee of Creditors (CoC) to be held on March 10, 2026
Company has been under Corporate Insolvency Resolution Process since February 9, 2024
Resolution Professional Ravi Sethia was confirmed by the CoC on May 22, 2024
Meeting is conducted under the provisions of the Insolvency and Bankruptcy Code, 2016
💼 Action for Investors
Investors should remain highly cautious as the company is in a deep insolvency process where equity shareholders typically face significant risk of total loss. Monitor for any announcements regarding the approval of a resolution plan or potential liquidation.
Morarjee Textiles Conducts 34th Committee of Creditors Meeting Under Insolvency Process
Morarjee Textiles Limited has successfully conducted its 34th Committee of Creditors (CoC) meeting on February 16, 2026. The company has been under the Corporate Insolvency Resolution Process (CIRP) since February 9, 2024, following an order by the NCLT Mumbai. Currently, the company's business and assets are managed by Resolution Professional Ravi Sethia. These ongoing meetings are critical for determining the future of the company and the potential recovery for stakeholders.
Key Highlights
34th meeting of the Committee of Creditors (CoC) held on February 16, 2026
Company remains under Corporate Insolvency Resolution Process since February 9, 2024
Ravi Sethia confirmed as Resolution Professional since May 22, 2024
Disclosure made under Regulation 30 of SEBI (LODR) and Insolvency and Bankruptcy Code 2016
💼 Action for Investors
Investors should remain highly cautious as equity value is typically significantly diluted or erased during insolvency resolutions. Monitor for any updates regarding the approval of a final resolution plan by the NCLT.
Morarjee Textiles to Hold 33rd Committee of Creditors Meeting on January 16, 2026
Morarjee Textiles Limited has scheduled the 33rd meeting of its Committee of Creditors (CoC) for January 16, 2026. The company has been undergoing the Corporate Insolvency Resolution Process (CIRP) since February 9, 2024, following an NCLT Mumbai order. Currently, the company's operations and assets are managed by Resolution Professional Ravi Sethia, who was confirmed by the CoC on May 22, 2024. This meeting is a critical step in the ongoing insolvency proceedings to determine the company's future and debt resolution.
Key Highlights
33rd meeting of the Committee of Creditors (CoC) scheduled for January 16, 2026, at 12:00 p.m.
Company has been under Corporate Insolvency Resolution Process (CIRP) since February 9, 2024.
Ravi Sethia was confirmed as the Resolution Professional by the CoC on May 22, 2024.
The meeting is conducted under the provisions of the Insolvency and Bankruptcy Code, 2016.
💼 Action for Investors
Investors should remain extremely cautious as equity shareholders typically face significant value erosion or total loss during insolvency resolutions. Monitor for any announcements regarding the approval of a resolution plan by the CoC and NCLT.
Morarjee Textiles Conducts 31st Committee of Creditors Meeting Amid Insolvency Process
Morarjee Textiles Limited held its 31st Committee of Creditors (CoC) meeting on October 16, 2025, as part of its ongoing Corporate Insolvency Resolution Process (CIRP). The company has been under insolvency since February 9, 2024, following an order by the NCLT Mumbai. Currently, the company's affairs and assets are managed by Resolution Professional Ravi Sethia, who was confirmed in the role on May 22, 2024. These proceedings are critical as they will determine the eventual fate of the company and its debt obligations.
Key Highlights
31st meeting of the Committee of Creditors (CoC) was held on October 16, 2025
Company has been under CIRP since the NCLT order dated February 9, 2024
Ravi Sethia was confirmed as the Resolution Professional by the CoC on May 22, 2024
The meeting was conducted in compliance with SEBI LODR Regulation 30 and IBC 2016 provisions
💼 Action for Investors
Investors should exercise extreme caution as equity value is typically significantly diluted or completely wiped out during insolvency resolutions. It is advisable to monitor for any approved resolution plans that might impact the company's listing status.
Morarjee Textiles Conducts 31st Committee of Creditors Meeting for Insolvency Resolution
Morarjee Textiles Limited, which has been under the Corporate Insolvency Resolution Process (CIRP) since February 2024, held its 31st Committee of Creditors (CoC) meeting on October 16, 2025. The company's affairs and assets continue to be managed by Resolution Professional Mr. Ravi Sethia following the NCLT Mumbai order. This meeting is a part of the ongoing legal process to determine the future of the company and its debt obligations. Equity shareholders remain at high risk as the insolvency process prioritizes creditor recoveries.
Key Highlights
The 31st Meeting of the Committee of Creditors (CoC) was successfully held on October 16, 2025.
Company has been under the Corporate Insolvency Resolution Process (CIRP) since the NCLT order dated February 9, 2024.
Mr. Ravi Sethia remains the confirmed Resolution Professional as of May 22, 2024.
The meeting was conducted in accordance with Regulation 30 and Schedule III of SEBI LODR regulations.
💼 Action for Investors
Investors should exercise extreme caution as insolvency proceedings often result in significant equity dilution or total loss for retail shareholders. Monitor for any updates regarding the approval of a resolution plan or potential liquidation.