The Punjab National Bank International Limited initiated a corporate insolvency resolution process against Warana Dairy and Agro Industries Limited. An application, IA-2795/2021, was filed by the Committee of Creditors (CoC) seeking the replacement of the Interim Resolution Professional (IRP) Mr. Rakesh Bothra with Mr. Vivek Murlidhar Dabhade as the Resolution Professional (RP). The CoC passed a resolution in its first meeting held on 02.11.2021, with the required majority, approving the substitution. Mr. Pradnyesh Sabnis, Ld. Counsel appeared for the Applicant and Mr. Rakesh Bothra, the IRP, was present in person.

The Punjab National Bank International Limited initiated a corporate insolvency resolution process against Warana Dairy and Agro Industries Limited. An application, IA-2795/2021, was filed by the Committee of Creditors (CoC) seeking the replacement of the Interim Resolution Professional (IRP) Mr. Rakesh Bothra with Mr. Vivek Murlidhar Dabhade as the Resolution Professional (RP). The CoC passed a resolution in its first meeting held on 02.11.2021, with the required majority, approving the substitution. Mr. Pradnyesh Sabnis, Ld. Counsel appeared for the Applicant and Mr. Rakesh Bothra, the IRP, was present in person.