Committee of Creditors to mull, finalize Lavasa takeover bids on Monday MUMBAI: The Committee of Creditors (COC) of Lavasa will be meeting on Monday to consider and take a call on bids received from interested entities to acquire the country’s first proposed privately developed city. The resolution process is also expected to start immediately after that, said two persons with direct knowledge of the development."Friday is the last day for submissions of bids. We are expecting at least three to four bids. The committee of creditors will open the bids and take them into consideration at its meeting on Monday which is when we will have details on the bids," said a person familiar with the process.Last year a consortium led by Haldiram Snacks and two property developers, namely Pioneer Facor IT Infradevelopers and Sanar Property had expressed interest in bidding for the hill city. It is unclear whether they have submitted final bids.“All bids are expected only on the last day so we will wait for the day to get over. We are expecting some interest and hopefully the final resolution process can start immediately next week.