NCLT Approves ₹17.25 Cr Resolution Plan After CoC Endorsement & Regulatory Compliance

Miller Trader Pvt. Ltd. Vs Dunlop Polymers Pvt. Ltd. (NCLT Bengaluru) The National Company Law Tribunal (NCLT), Bengaluru Bench, considered an application filed by the Resolution Professional under Section 30(6) read with Section 31 of the Insolvency and Bankruptcy Code, 2016, seeking approval of the Resolution Plan submitted by the Successful Resolution Applicant (SRA), Mr. Saikam Sivachaitanya, for the Corporate Debtor. The Resolution Plan had been approved by the Committee of Creditors (CoC) with 97.94% voting share in its meeting held on 11.06.2024. The Corporate Debtor was admitted into t...