The Resolution Professional of Amul Industries Pvt. Ltd. filed an application under Section 30(6) of the Insolvency & Bankruptcy Code, 2016, seeking approval of a Resolution Plan submitted by Sandeep Vadodaria & Ors. (In Consortium).
The application was filed under Section 30(6) of the IBC for approval of a resolution plan.
The resolution plan was submitted by Sandeep Vadodaria & Ors. (In Consortium).
The CoC approved the resolution plan with 68.18% voting share.
An Operational Creditor had filed an insolvency application under Section 9 of the Code.
The Corporate Debtor's premises were found sealed due to orders passed by the Labour Court, Rajkot.
The CoC resolved to file applications under Sections 45 & 66 of the Code.
The Letter of Intent dated 08.07.2025 was issued and unconditionally accepted by the SRA.
The payments of the government dues includes Rs.2,18,59,208/- towards 100 percent PF dues claim admitted and Rs.44,07,081/- against the GVAT dues.
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The Corporate Insolvency Resolution Process…
Form-A on 12.042024…
The Resolution Professional of Amul Industries Pvt. Ltd. filed an application under Section 30(6) of the Insolvency & Bankruptcy Code, 2016, seeking approval of a Resolution Plan submitted by Sandeep Vadodaria & Ors. (In Consortium).
The application was filed under Section 30(6) of the IBC for approval of a resolution plan.
The resolution plan was submitted by Sandeep Vadodaria & Ors. (In Consortium).
The CoC approved the resolution plan with 68.18% voting share.
An Operational Creditor had filed an insolvency application under Section 9 of the Code.
The Corporate Debtor's premises were found sealed due to orders passed by the Labour Court, Rajkot.
The CoC resolved to file applications under Sections 45 & 66 of the Code.
The Letter of Intent dated 08.07.2025 was issued and unconditionally accepted by the SRA.
The payments of the government dues includes Rs.2,18,59,208/- towards 100 percent PF dues claim admitted and Rs.44,07,081/- against the GVAT dues.
…The Corporate Insolvency Resolution Process…
Form-A on 12.042024…