Bloom Dekor Limited has announced the outcome of its 18th Committee of Creditors (COC) meeting held under the Corporate Insolvency Resolution Process (CIRP). The meeting was successfully convened on December 15, 2025, with e-voting concluding on December 24, 2025, resulting in several unanimous decisions approved by 100% majority.

Key Appointments and Professional Fees

The COC approved and ratified the appointment of Mr. Krumil Dilipbhai Patel, an Associate Member of the Institute of Company Secretaries of India (ICSI) bearing Membership No. ACS77863, as Whole-time Company Secretary of Bloom Dekor Limited under CIRP.

The Resolution Professional was authorized to execute all necessary documentation, including Form DIR-12 filing with the Registrar of Companies.

Financial Approvals and Cost Management

The committee approved several financial measures to support the ongoing CIRP operations:

All approved expenses will be treated as Corporate Insolvency Resolution Process costs, ensuring proper classification and accounting treatment.

Operational Decisions

The COC ratified several operational matters essential for business continuity:

• Employee Increments: Approved increments for Corporate Debtor employees as implemented by the Resolution Professional
• Marine Open Policy Renewal: Ratified renewal of the company's Marine Open Policy
• Expense Ratification: Approved various courier and administrative expenses incurred during the process

Legal Proceedings Update

The company's appeal before the National Company Law Appellate Tribunal (NCLAT) remains pending. Company Appeal (AT)(Insolvency) No. 14011402 of 2024, filed by the successful resolution applicant on July 22, 2024, against the NCLT order dated July 16, 2024, has been listed for hearing on January 13, 2026.

Administrative Changes

The company noted that CS Tushar Dineshbhai Donda resigned from his position as Senior Company Secretary and Compliance Officer effective November 19, 2024. Consequently, the current outcome documentation is being signed by the Resolution Professional, CA IP Vineeta Maheshwari, who holds IBBI Registration No. IBBI/IPA-001/IP-P00185/2017-18/10364.

The 18th COC meeting's unanimous decisions reflect continued progress in the CIRP proceedings, with focus on operational continuity and cost management while awaiting resolution of the pending legal appeal.

Bloom Dekor Limited , a company currently undergoing Corporate Insolvency Resolution Process (CIRP), has made significant strides in its restructuring efforts. The company recently held its 17th Committee of Creditors (CoC) meeting, resulting in key decisions that could impact its financial stability and future operations.

Interim Finance Approval

In a unanimous decision, the CoC approved a proposal for interim finance from Sampati Securities Limited, a member of the CoC. This move aims to address the immediate funding requirements of Bloom Dekor Limited. The approval, backed by a 100% majority, underscores the creditors' commitment to supporting the company's operational needs during the insolvency process.

NCLAT Appeal Update

The company's legal proceedings continue to evolve, with an important update on the appeal filed by the successful resolution applicant:

The appeal, which was filed before the National Company Law Appellate Tribunal (NCLAT) on July 22, 2024, is scheduled for its next hearing on November 25, 2025. This ongoing legal process is crucial for determining the future course of the company's insolvency resolution.

Changes in Company Leadership

In a separate development, the company has undergone a change in its compliance leadership:

The resignation of CST Tushar Dineshbhai Donda from the position of Senior Company Secretary and Compliance Officer marks a significant change in the company's corporate governance structure.

Conclusion

As Bloom Dekor Limited navigates through its Corporate Insolvency Resolution Process, these recent developments—including the approval of interim finance and the ongoing NCLAT appeal—will play crucial roles in shaping the company's path forward. Stakeholders and investors should keep a close watch on the upcoming NCLAT hearing and any further announcements from the Resolution Professional managing the CIRP.