CoC approves ratification of CIRP expenses at its 15th meeting

15th meeting of the Committee of Creditors (CoC) held on Thursday, 20.08.2026 at 06:00 P.M. via video conferencing.

Tue 6 Oct 2026

CoC Meeting

15th meeting of the Committee of Creditors (CoC)

Meeting Date

Thursday, 20.08.2026 at 06:00 P.M. via video conferencing

Agenda Item B1

to ratify the CIRP expenses incurred by the Resolution Professional, as per Regulation 34 of the IBBI (CIRP) Regulations, 2016

What the update says

• The 15th meeting of the Committee of Creditors (CoC) of Unitech International Limited was duly conducted on Thursday, 20.08.2026 at 06:00 P.M. through video conferencing.
• The CoC considered and deliberated upon the agenda items placed before it.
• Only one agenda item is set out in the outcome: Agenda Item no. B1 — to ratify CIRP expenses incurred by the Resolution Professional (RP) as per Regulation 34 of the IBBI (CIRP) Regulations, 2016.
• On that item, the resolution was put to vote and was approved by the Committee of Creditors.

A quick explainer on the terms

• CIRP: the Corporate Insolvency Resolution Process — a court-supervised process where a company in default is run by an appointed professional while creditors decide on a way forward.
• CoC: the Committee of Creditors, the body of lenders that takes key decisions during CIRP, generally by voting.
• RP: the Resolution Professional, the person appointed to manage the company's affairs and run the process during this period.
• Ratify: to formally approve, after the fact, something already done — here, expenses already incurred by the RP while running the CIRP.

How to read this update

This is an outcome-of-meeting disclosure. It records that the CoC voted on, and approved, the ratification of expenses the RP had incurred in carrying out the CIRP, as required under Regulation 34 of the IBBI (CIRP) Regulations, 2016. Approval of the process expenses is a step in keeping the CIRP running and is decided by the creditors' committee itself.

The disclosure is signed by Mr. Nitin Narang, Resolution Professional, for Unitech International Limited (Under the CIRP), and was addressed to BSE Limited on 25.09.2026 under the scrip code 531867 (UNITINT).

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