Zicom Electronic Security Systems Limited
All news and filings related to Zicom Electronic Security Systems Limited.
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Zicom Electronic Security Systems Limited Files Audited Financials for FY26 Amidst CIRP
Zicom Electronic Security Systems Limited has submitted audited standalone financial statements for FY2025-26. The company is under Corporate Insolvency Resolution Process (CIRP). The auditor issued an adverse opinion due to numerous discrepancies in asset valuation, inventory, receivables, and unconfirmed balances. Material uncertainty exists regarding the company's going concern status.
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Zicom Electronic Security Systems Ltd. E-Voting Results for 47th CoC Meeting Concluded
Zicom Electronic Security Systems Limited announced e-voting results for its 47th Committee of Creditors meeting. E-voting concluded on September 11, 2026. Approved resolutions include fees for the Resolution Professional, appointments of legal counsel for NCLT and NCLAT appearances, CA Prashant Shah for tax filings, Khaitan Legal Associates for due diligence, and CIRP costs incurred from April 20 to August 18, 2026.
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NCLT Approves Zicom's Resolution Plan, Directs RP to Re-evaluate Dissenting Creditor Payouts
NCLT approved Advaita Trading Private Limited's resolution plan for Zicom Electronic Security Systems Limited on September 24, 2026. The tribunal directed the Resolution Professional to re-evaluate payouts for dissenting creditors, ensuring they receive at least the liquidation value of their security interests, as per the order dated September 24, 2026.
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Zicom Electronic Security Systems Ltd. Resolution Plan Approved by NCLT
The NCLT has approved the resolution plan for Zicom Electronic Security Systems Ltd. submitted by Advaita Trading Private Limited. The plan's total value is ₹17.76 crore. It details payments to creditors and employees, and outlines the future management structure. The implementation is expected within 30 days.
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