Cian Healthcare's Committee of Creditors Approves Resolution Plan Modifications

1 min read     Updated on 17 Oct 2025, 06:34 PM
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Overview

Cian Healthcare held its 15th Committee of Creditors meeting on October 17, 2025, as part of its Corporate Insolvency Resolution Process. The committee approved modifications to the resolution plan submitted by Mr. Pradeep Kumar Jain, including amendments to accounting treatment and revisions to reliefs and concessions. The next NCLT hearing for plan approval is scheduled for November 6, 2025.

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Cian Healthcare held its 15th Committee of Creditors (CoC) meeting on October 17, 2025, as part of its ongoing Corporate Insolvency Resolution Process (CIRP). The meeting, which lasted from 10:45 AM to 11:15 AM, focused on key procedural matters and significant updates in the resolution process.

Meeting Highlights

  • Quorum Confirmation: The meeting began with the confirmation of the quorum and a roll call for participants attending via video conferencing or other audio-visual means.
  • Previous Minutes Review: The committee noted the minutes from the previous (14th) CoC meeting held on September 12, 2025.
  • NCLT Hearing Update: The Resolution Professional informed that the next National Company Law Tribunal (NCLT) hearing for the approval of the Resolution Plan is scheduled for November 6, 2025.

Resolution Plan Modifications

The CoC discussed and approved modifications to the resolution plan submitted by Mr. Pradeep Kumar Jain, the Successful Resolution Applicant. These modifications included:

  1. Amendments to Clause 7.4(k) and Clause 8, pertaining to the accounting treatment in the Resolution Plan.
  2. Revision of the first paragraph in Clause 13 (Part E: Reliefs & Concessions) of the Resolution Plan.

It's worth noting that the NCLT Mumbai Bench had previously permitted this meeting during an October 7, 2025 hearing, specifically to consider these proposed modifications.

Operational Performance

The committee also took note of the company's operational performance, although specific details were not disclosed in the public announcement.

Conclusion

The meeting concluded with the approval of the proposed amendments to the Resolution Plan. This development marks a significant step in Cian Healthcare's ongoing insolvency resolution process, potentially bringing the company closer to a resolution.

Stakeholders of Cian Healthcare should keep a close watch on the upcoming NCLT hearing on November 6, 2025, which could potentially lead to the final approval of the Resolution Plan.

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Cian Healthcare's Resolution Professional Re-appoints Cost Auditor Amid CIRP

1 min read     Updated on 18 Sept 2025, 11:33 AM
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Reviewed by
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Overview

Cian Healthcare Limited, currently under Corporate Insolvency Resolution Process (CIRP), has re-appointed M/s Suraj Lahoti & Associates as its Cost Auditor for FY 2025-2026. The appointment was made by Resolution Professional, Mr. Roshen Chordiya, on September 18, 2025. The company's CIRP was restored following an NCLT order dated August 14, 2024. M/s Suraj Lahoti & Associates brings over 8 years of experience in cost audit and related services across various industries.

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*this image is generated using AI for illustrative purposes only.

Cian Healthcare Limited, currently undergoing Corporate Insolvency Resolution Process (CIRP), has announced the re-appointment of its cost auditor for the upcoming financial year. This development comes as the company continues to navigate through its insolvency proceedings.

Key Highlights

  • M/s Suraj Lahoti & Associates re-appointed as Cost Auditor for FY 2025-2026
  • Appointment made by Resolution Professional, Mr. Roshen Chordiya
  • Company under CIRP following NCLT order dated August 14, 2024

Auditor Re-appointment Details

The Resolution Professional of Cian Healthcare Limited, Mr. Roshen Chordiya, has re-appointed M/s Suraj Lahoti & Associates (FRN 101489) as the Cost Auditor for the financial year 2025-2026. The re-appointment was officially made on September 18, 2025, as disclosed in a regulatory filing.

About the Auditor

M/s Suraj Lahoti & Associates brings over 8 years of professional experience to the table. The firm specializes in various areas including:

  • Cost Audit
  • Costing System Development
  • Cost & Management Consultancy
  • Cost Compliance Certification
  • CAS-4 Certification
  • Fixed Asset Management & Verification
  • Perpetual Inventory Audits
  • Foreign Trade Policy relating to Licenses & Refunds
  • Knowledge Process Outsourcing

The firm has a diverse client base across multiple industries such as Automobiles & Auto Components, Chemicals, Real Estate Development, Infrastructure Products, Engineering, and Steel.

Corporate Insolvency Resolution Process

Cian Healthcare Limited's CIRP was restored following an order by the National Company Law Tribunal (NCLT) dated August 14, 2024. The company's management is currently under the charge of the Resolution Professional, Mr. Roshen Chordiya.

Regulatory Compliance

The re-appointment of the cost auditor was made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has stated its commitment to keeping all stakeholders and regulatory authorities informed of any further material developments regarding its ongoing CIRP.

As Cian Healthcare Limited continues its journey through the insolvency resolution process, the re-appointment of an experienced cost auditor underscores the importance of maintaining financial oversight and transparency during this critical period.

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