Compuage Infocom Limited, currently under the Corporate Insolvency Resolution Process (CIRP) as per the Insolvency and Bankruptcy Code 2016, has issued a formal intimation regarding the scheduling of its 25th Committee of Creditors (CoC) meeting. The disclosure was made on May 12, 2026, in compliance with applicable regulatory requirements.

Meeting Details

The 25th meeting of the Committee of Creditors has been scheduled for Thursday, May 14, 2026, at 04:00 P.M. The intimation was filed pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (LODR), read with Para 16(g) of Part A of Schedule III of LODR.

Key details of the scheduled meeting are summarised below:

Resolution Professional Details

The intimation was signed by Gajesh Labhchand Jain, the Resolution Professional appointed in the matter of Compuage Infocom Limited. His appointment was made pursuant to the Hon'ble NCLT order dated April 29, 2024, received on May 9, 2024.

Key details of the Resolution Professional are as follows:

Insolvency Resolution Background

Compuage Infocom Limited is presently under CIRP as per the provisions of the Insolvency and Bankruptcy Code 2016. The company's affairs, business, and assets are being managed by the Resolution Professional, Mr. Gajesh Labhchand Jain, in accordance with the applicable provisions of the Code. The company's registered address with IBBI is D-501, Clifton Society, Raviraj Oberoi Marg, Shastri Nagar, Andheri (West), Mumbai 400053, while the project-specific address for correspondence is C-602, Remi Biz Court, Off Veera Desai Road, Azad Nagar, Andheri West, Mumbai 400053.

Compuage Infocom Limited's Committee of Creditors conducted its 24th meeting on March 25, 2026, addressing several critical resolutions under the ongoing Corporate Insolvency Resolution Process. The e-voting process for the meeting concluded at 6:00 PM IST on April 10, 2026, in accordance with Regulation 26 of the Insolvency & Bankruptcy Board of India regulations.

Legal Appointments Approved

The Committee of Creditors approved key legal appointments to represent the company in court proceedings. The COC sanctioned the appointment of Adv Sunil D'souza for representation before the Hon'ble High Court, Bombay and Sessions Court of Greater Bombay. Additionally, the committee approved the engagement of M/s Anchorstone Legal for similar representation duties before the same courts.

Debtor Settlement Resolutions

The meeting witnessed significant progress in debtor settlement matters, with multiple proposals receiving approval through e-voting:

The settlement with M/s Global Networks was deferred for future consideration, while all other debtor settlement proposals received COC approval.

Administrative and Financial Matters

The Committee of Creditors addressed several administrative matters during the meeting. The COC approved the quotation from M/s R.I. Jain & Co. Chartered Accountants for handling the CIT Appeal for Assessment Year 2024-25, along with the associated costs. However, the proposal to shift the company's registered office within the local limits of the city was rejected by e-voting, including the related filing of e-Form INC-22 and payment of statutory filing fees.

Resolution Professional Details

The meeting was conducted under the supervision of Resolution Professional Gajesh Labhchand Jain, who was appointed following the Hon'ble NCLT order dated April 29, 2024. The Resolution Professional holds registration number IBBI/IPA-001/IP-P-01697/2019-2020/12588 with AFA validity until December 31, 2026. The company continues to operate under the Corporate Insolvency Resolution Process of the Insolvency and Bankruptcy Code 2016, with its affairs, business, and assets being managed by the appointed Resolution Professional.