DPSC Limited: Corporate Insolvency Resolution Process – 4th CoC Meeting of India Power Corporation Limited

IBC 17 Aug 2026 · In regulatory review· ✓ Verified

DPSC Limited (a listed entity) has filed a post-facto intimation with the NSE regarding the 4th meeting of the Committee of Creditors convened under CIRP for India Power Corporation Limited (IPCL). The disclosure is made under Regulation 30 of the SEBI LODR, 2015, as required when a listed company or its related party undergoes material corporate governance events. The successive CoC meetings suggest the debtor is in an advanced or contested phase of resolution negotiations; typical CIRP timelines under IBC §12 allow 180 days (extendable by 90 days) for a resolution plan to be approved and submitted to the tribunal.

Why it mattersThe progression to a fourth CoC meeting indicates a complex, multi-stage resolution negotiation; counsel should monitor the resolution plan status, especially treatment of secured vs. unsecured creditors and any proposed haircuts, as these shape recovery scenarios and precedent for similar power-sector insolvencies.
Counsel—
SectorEnergy & Renewables
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