Update on the voting results of the 18th meeting of the Committee of Creditors of Viceroy Hotels Limited (CoC).
This is to inform you that the e-voting on the resolutions put to vote at the 18th meeting of the CoC of the Company commenced on 19 March, 2019 at 04:00 p.m. and concluded on 20 March, 2019 at 04:00 p.m.
In this regard, please find appended the following outcome of E-Voting:
In terms of provisions of the Insolvency and Bankruptcy Code, 2016 (IBC) the resolution plan submitted by M/s CFM Asset Reconstruction Company Private Limited for M/s Viceroy Hotels Limited has been approved by the Committee of Creditors of the company and identified as a successful resolution applicant, subject to approval of the Honble NCLT, Hyderabad benc…
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