JCT Limited CoC Meeting Concludes with Key Decisions on Resolution Process
JCT Limited completed its ninth Committee of Creditors meeting on February 10, 2026, where members made two key decisions: to begin commercial negotiations with Resolution Applicants and seek a 60-day extension of the CIRP period. The meeting was conducted via video conferencing under Resolution Professional Umesh Garg's supervision, marking significant progress in the company's insolvency resolution process.

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JCT Limited has completed its ninth Committee of Creditors (CoC) meeting as part of its ongoing Corporate Insolvency Resolution Process (CIRP), with the committee making crucial decisions regarding the company's resolution pathway. The company informed BSE Limited about the meeting outcomes on February 13, 2026, in compliance with regulatory requirements.
Meeting Outcomes and Decisions
The Committee of Creditors meeting was successfully conducted with significant resolutions for the company's future:
| Parameter: | Details |
|---|---|
| Meeting Number: | Ninth (09th) |
| Date Held: | Tuesday, February 10, 2026 |
| Time: | 04:00 PM |
| Format: | Video Conferencing |
| Key Decision 1: | Start commercial negotiations with Resolution Applicants |
| Key Decision 2: | Seek further extension of CIRP period by 60 days |
Strategic Resolution Developments
The CoC members reached two pivotal decisions during the meeting. First, they approved the commencement of commercial negotiations with Resolution Applicants, marking a significant step forward in the resolution process. Second, the committee decided to seek an additional 60-day extension of the CIRP period, providing more time for comprehensive resolution discussions.
Resolution Process Leadership
The meeting was conducted under the supervision of Umesh Garg, who serves as the Resolution Professional for JCT Limited. Garg holds IBBI Registration Number IBBI/IPA-001/IP-P00135/2017-2018/10277 and digitally signed the communication to BSE on February 13, 2026.
Corporate Information and Compliance
JCT Limited, part of The Thapar Group, operates from its corporate office located at 601, Prabhat Kiran, 17 Rajendra Place, New Delhi-110008. The company trades on BSE with scrip code 500223 and maintains its corporate website at www.jct.co.in . The notification was made in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The meeting outcomes represent significant progress in the formal resolution process, with the Committee of Creditors taking decisive steps toward potential resolution while ensuring adequate time for thorough evaluation of proposals under the Insolvency and Bankruptcy Code framework.


























