The case involves an application (IA(PLAN)/2(AHM)2026) filed for the approval of a Resolution Plan submitted by Sonal Sumit Mehta jointly with Credex Trading for Classic Corrugations Private Limited, the Corporate Debtor. The Resolution Plan was approved by the Committee of Creditors (CoC).
An application IA(PLAN)/2(AHM)2026 was filed on 01.01.2026 seeking approval of the Resolution Plan.
The Resolution Plan was submitted by Sonal Sumit Mehta jointly with Credex Trading for Classic Corrugations Private Limited.
The CoC approved the Resolution Plan on 06.12.2025.
The CIRP was initiated pursuant to an Admission Order dated 09.01.2025.
Ashish Anantray Shah was initially appointed as the Interim Resolution Professional (IRP).
Ravi Kapoor was appointed as the Resolution Professional (RP) after the CoC resolved to replace the IRP.
The CoC consists of State Bank of India with 100% voting share.
The Resolution Plan provides for payment of CIRP costs, treatment of operational creditors, and management of the Corporate Debtor.
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Corporate Insolvency Resolution Process (CIRP)…
Interim Resolution…
The case involves an application (IA(PLAN)/2(AHM)2026) filed for the approval of a Resolution Plan submitted by Sonal Sumit Mehta jointly with Credex Trading for Classic Corrugations Private Limited, the Corporate Debtor. The Resolution Plan was approved by the Committee of Creditors (CoC).
An application IA(PLAN)/2(AHM)2026 was filed on 01.01.2026 seeking approval of the Resolution Plan.
The Resolution Plan was submitted by Sonal Sumit Mehta jointly with Credex Trading for Classic Corrugations Private Limited.
The CoC approved the Resolution Plan on 06.12.2025.
The CIRP was initiated pursuant to an Admission Order dated 09.01.2025.
Ashish Anantray Shah was initially appointed as the Interim Resolution Professional (IRP).
Ravi Kapoor was appointed as the Resolution Professional (RP) after the CoC resolved to replace the IRP.
The CoC consists of State Bank of India with 100% voting share.
The Resolution Plan provides for payment of CIRP costs, treatment of operational creditors, and management of the Corporate Debtor.
…Corporate Insolvency Resolution Process (CIRP)…
Interim Resolution…