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MEP Infrastructure Conducts 21st CoC Meeting Amid Ongoing Insolvency Process
MEP Infrastructure Developers Limited held its 21st Committee of Creditors (CoC) meeting on January 23, 2026, as part of its ongoing insolvency proceedings. The company has been under the Corporate Insolvency Resolution Process (CIRP) since March 28, 2024, following an order by the Hon’ble NCLT. A moratorium under Section 14 of the IBC is currently in effect, and the process is being managed by Resolution Professional Ravindra Kumar Goyal. This meeting is a continuation of the efforts to reach a resolution for the company's outstanding debts.
Key Highlights
21st CoC meeting convened on January 23, 2026, to discuss resolution progress.
Company has been under CIRP for approximately 22 months since the March 2024 NCLT order.
Moratorium under Section 14 of the Insolvency and Bankruptcy Code, 2016, remains active.
Resolution Professional (RP) Ravindra Kumar Goyal continues to oversee the company's affairs.
💼 Action for Investors
Equity shareholders should be aware that insolvency proceedings typically result in significant capital loss or total wipeout. Avoid fresh positions until a clear resolution plan is approved and its impact on equity is disclosed.
MEP Infrastructure Holds 20th Committee of Creditors Meeting Under Ongoing CIRP
MEP Infrastructure Developers Limited conducted its 20th Committee of Creditors (CoC) meeting on December 29, 2025, as part of its ongoing insolvency process. The company has been under the Corporate Insolvency Resolution Process (CIRP) since March 28, 2024, following an order by the Hon’ble NCLT. Mr. Ravindra Kumar Goyal continues to act as the Resolution Professional, managing the company's affairs during the moratorium period. This meeting is a routine but critical step in determining the future of the company's debt resolution or potential liquidation.
Key Highlights
20th Meeting of the Committee of Creditors held on December 29, 2025
Company has been under Corporate Insolvency Resolution Process since March 28, 2024
Moratorium under Section 14 of the IBC remains in effect for over 21 months
Resolution Professional Mr. Ravindra Kumar Goyal is overseeing the insolvency proceedings
💼 Action for Investors
Investors should remain highly cautious as equity shareholders typically face significant dilution or total loss during insolvency resolutions. Monitor for any announcements regarding the approval of a resolution plan or liquidation orders.
MEP Infrastructure Enters Insolvency (CIRP); Reports FY24 Compliance Deviations and Fines
MEP Infrastructure Developers has been admitted into the Corporate Insolvency Resolution Process (CIRP) by the NCLT Mumbai as of March 28, 2024. A moratorium is currently in effect, and Mr. Ravindra Kumar Goyal has been appointed as the Resolution Professional to manage the company. The FY24 Secretarial Compliance Report reveals multiple reporting delays, including financial results for Q1 and Q3, which resulted in penalties from both NSE and BSE. The company's management powers are now vested with the Resolution Professional as per the Insolvency and Bankruptcy Code.
Key Highlights
NCLT Mumbai initiated Corporate Insolvency Resolution Process (CIRP) against the company on March 28, 2024
Fines of ₹20,000 each imposed by NSE and BSE for delayed submission of Q1 FY2023-24 financial results
Penalties of ₹10,000 each from NSE and BSE for delay in reporting Postal Ballot voting results from March 2023
Additional fine of ₹5,000 by NSE for delayed submission of Q3 FY2023-24 financial results
A moratorium under Section 14 of the IBC is currently in effect, suspending certain legal proceedings against the company
💼 Action for Investors
Investors should be extremely cautious as the company is under insolvency proceedings, which typically results in high risk to equity value. Monitor the Resolution Professional's updates regarding the resolution plan and potential restructuring.