Bloom Dekor has informed that the Second Meeting of CoC of Bloom Dekor -In CIRP was successfully convened on Saturday, 2nd December 2023, wherein various matters were discussed as per the requirement of Insolvency and Bankruptcy Code, 2016, key (material) decisions are as follows: To publish an Invitation of Expression of Interest (Form G) to submit a Resolution Plan for the Corporate Debtor Bloom Dekor under the Code and approve the amount of EMD, Turnover Criteria, and Net worth criteria for Prospective Resolution Applicants (PRAs); Approval for ratification of the expenses related to the Corporate Insolvency Resolution Process, incurred till date by Resolution Professional; Approval and Ratification for appointment of Registered Valuers having qualified the Valuation Examination as per IBBI for all three classes of assets of Corporate Debtor Bloom Dekor; Approval and Ratification for appointment of Legal Firm on Individual Interlocutory application basis (Status Report/CoC Constitution and any other report) in CIRP of Bloom Dekor; Approval and ratification of the expenses incurred in the going concern of the CD.
The above information is a part of company’s filings submitted to BSE.