Morarjee Textiles Holds 31st Committee of Creditors Meeting on Oct 16, 2025
Morarjee Textiles Limited announced that its Thirty-First Meeting of the Committee of Creditors (COC) was held on October 16, 2025, commencing at 12:30 p.m. This disclosure is made in accordance with ...
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Why is Morarjee Textiles Limited in the news today?
Morarjee Textiles Limited (MORARJEE) is in the news due to the announcement is a routine update regarding a meeting of the committee of creditors as part of the ongoing corporate insolvency resolution process. it does not contain new financial information or strategic developments that would indicate a positive or negative shift.
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Morarjee Textiles Holds 31st Committee of Creditors Meeting on Oct 16, 2025
December 19, 2025, 12:12 PM
Morarjee Textiles Limited announced that its Thirty-First Meeting of the Committee of Creditors (COC) was held on October 16, 2025, commencing at 12:30 p.m. This disclosure is made in accordance with Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 (LODR) and sub-clause 16(g) of Clause A of Part A of Schedule III of LODR.
The company is currently under the Corporate Insolvency Resolution Process (CIRP) of the Insolvency and Bankruptcy Code, 2016. Its affairs are managed by Mr. Ravi Sethia, who was appointed as the interim resolution professional by the National Company Law Tribunal, Mumbai, and subsequently confirmed as the Resolution Professional by the Committee of Creditors on May 22, 2024.
The meeting was conducted to discuss the ongoing resolution process and related matters concerning the company's assets and business operations.
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