Monitoring Committee notes NCLAT status quo order on appeal by unsuccessful Resolution Applicant

Baron Infotech Limited (under CIRP) has informed BSE about the 3rd meeting of its Monitoring Committee, held on Tuesday, October 6, 2026 at 5.00 pm.

Tue 6 Oct 2026

Monitoring Committee Meeting

3rd meeting held on Tuesday, October 6, 2026 at 5.00 pm

NCLAT Status Quo Order

oral orders of status quo as on October 1, 2026 by the Hon'ble NCLAT, Chennai Bench

Meeting Conclusion Time

around 6.55 pm (IST)

What the disclosure is about

Baron Infotech Limited, a company under corporate insolvency resolution process (CIRP), has sent BSE a post facto intimation of the 3rd meeting of its Monitoring Committee. The meeting was held on Tuesday, October 6, 2026 at 5.00 pm and concluded around 6.55 pm (IST).

What the Monitoring Committee dealt with

• The members of the Monitoring Committee perused, considered, discussed and approved various statutory and administrative items.
• Included among these was the pronouncement of oral orders of status quo as on October 1, 2026 by the Hon'ble NCLAT, Chennai Bench.
• Those oral orders were pronounced in respect of an appeal shared by an unsuccessful Resolution Applicant, Mr. Vivek Kumar Ratakonda.
• The letter is signed by CS Dr Ahalada Rao Vummenthala, Erstwhile Resolution Professional and Chairperson, Monitoring Committee.

Reading the terms

• CIRP refers to the corporate insolvency resolution process the company is under.
• Status quo, in ordinary legal usage, means the position as it stands is to be maintained until further orders.
• The update states that the intimation is being made on a post facto basis, that is, after the meeting had taken place.

What a retail investor can note

• The update records the committee's decisions at the meeting, including the NCLAT development placed before it.
• The appeal is described as one shared by an unsuccessful Resolution Applicant, and the oral orders of status quo are recorded as pronounced on October 1, 2026.
• Further orders in that appeal would be separate developments to track when they arise.

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