NCLT approves Resolution Plan of Orange Medicare and Research Centre Private Limited

Saraswat Co-op Bank Ltd. Vs Orange Medicare and Research Centre Private Limited (NCLT Mumbai) 1. This is an Application under Section 30(6) of the Insolvency and Bankruptcy Code, 2016 (hereinafter referred to as the ‘the Code’) filed on 23.01.2023 by the Resolution Professional (RP) on behalf of the Committee of Creditors seeking approval of the Resolution Plan submitted by the Resolution Applicant, which is approved by 100% of the voting share of the members of the Committee of Creditors (hereinafter referred to as ‘CoC’) of the Debtor Company viz. Orange Medicare and Research Centre ...