Xenia Adobe Services India Private Limited was undergoing Corporate Insolvency Resolution Process (CIRP). Nagalingam Muthiah was the Resolution Professional (RP) representing the Corporate Debtor. The RP filed an application under Section 31 of the Insolvency and Bankruptcy Code, 2016, seeking approval of the resolution plan. The Committee of Creditors (CoC) approved the resolution plan with 82.51% voting share in a meeting held on 2019-10-03. The resolution plan involved payments to various classes of creditors, including CIRP costs, secured financial creditors, unsecured financial creditors, operational creditors, and government entities. Nitin Sadanand, one of the Resolution Applicants and a Promoter-Suspended Director of the Corporate Debtor, was deemed eligible

Xenia Adobe Services India Private Limited was undergoing Corporate Insolvency Resolution Process (CIRP). Nagalingam Muthiah was the Resolution Professional (RP) representing the Corporate Debtor. The RP filed an application under Section 31 of the Insolvency and Bankruptcy Code, 2016, seeking approval of the resolution plan. The Committee of Creditors (CoC) approved the resolution plan with 82.51% voting share in a meeting held on 2019-10-03. The resolution plan involved payments to various classes of creditors, including CIRP costs, secured financial creditors, unsecured financial creditors, operational creditors, and government entities. Nitin Sadanand, one of the Resolution Applicants and a Promoter-Suspended Director of the Corporate Debtor, was deemed eligible