Prior Intimation of 8th Committee of Creditors Meeting Under CIRP
The Resolution Professional has given prior intimation of the 8th meeting of the Committee of Creditors (CoC) of the company, which is under Corporate Insolvency Resolution Process (CIRP).
- Meeting Number
- 8th meeting of the Committee of Creditors (CoC)
- Meeting Date
- Thursday, September 17, 2026 at 11:30 A.M. (IST)
- Meeting Mode
- Video conferencing
- Resolution Professional
- Sumeet Surendra Chimbalkar
- Process Status
- Corporate Insolvency Resolution Process (CIRP)
What was shared
The Resolution Professional of the company has given the stock exchange prior intimation of the 8th (Eight) meeting of the Committee of Creditors (CoC) of Info-Drive Software Limited.
Meeting details
- Date: Thursday, September 17, 2026
- Time: 11:30 A.M. (IST)
- Mode: Video Conferencing
Background
The company was admitted into the Corporate Insolvency Resolution Process (CIRP) by the Hon'ble NCLT in CP - 1000/IB/2018. Sumeet Surendra Chimbalkar has been appointed as the Resolution Professional, as intimated earlier by a communication dated September 09, 2026.
What a CoC meeting means
Under India's insolvency framework, once a company enters CIRP, control passes from the existing management to an insolvency professional. The Committee of Creditors, made up of the company's financial creditors, is the decision-making body that considers matters such as the conduct of the process and any resolution plan for the company. Companies in CIRP are required to keep the exchange informed of such meetings in advance.
What this means for shareholders
This particular update is procedural: it announces that a meeting will take place, not what will be decided there. For equity shareholders, the broader context is that the company remains under an insolvency process, where creditors' claims rank ahead of shareholders. The Resolution Professional has stated that further developments will be communicated.
Also from Info-Drive Software
Fresh Form G Issued Under Insolvency Process — Expression of Interest Invited from Resolution Applicants
29 Sep 2026
Post-facto intimation of 8th Committee of Creditors meeting under CIRP
29 Sep 2026
Resolution Professional files CIRP list of creditors; admitted claims disclosed
29 Sep 2026
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