The case pertains to the approval of a resolution plan for SDF Industries Limited under the Insolvency and Bankruptcy Code, 2016. The resolution plan was submitted by M/s Associated Alcohols & Breweries Limited and approved by the Committee of Creditors (CoC).
The Company Petition CP(IBC)/21/KOB/2024 was filed by M/s. Mudali Associates, an Operational Creditor, against the Corporate Debtor.
CIRP commenced on 04.04.2025.
Ramachandran Thekkumkat Madathil was appointed as the IRP and later confirmed as the RP.
The CoC approved the resolution plan submitted by M/s Associated Alcohols & Breweries Limited with 100% voting share on 22.12.2025.
The Resolution Plan envisages a total amount of Rs. 30,85,47,342/-.
The Resolution Applicant will infuse Rs.12,98,34,363/- for certain payments and allotment of fresh equity share capital.
The existing equity share capital of SDFIL shall be reduced and cancelled.
The Resolution Applicant will hold 100% shareholding in the restructured share capital of SDFIL.
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The case pertains to the approval of a resolution plan for SDF Industries Limited under the Insolvency and Bankruptcy Code, 2016. The resolution plan was submitted by M/s Associated Alcohols & Breweries Limited and approved by the Committee of Creditors (CoC).
The Company Petition CP(IBC)/21/KOB/2024 was filed by M/s. Mudali Associates, an Operational Creditor, against the Corporate Debtor.
CIRP commenced on 04.04.2025.
Ramachandran Thekkumkat Madathil was appointed as the IRP and later confirmed as the RP.
The CoC approved the resolution plan submitted by M/s Associated Alcohols & Breweries Limited with 100% voting share on 22.12.2025.
The Resolution Plan envisages a total amount of Rs. 30,85,47,342/-.
The Resolution Applicant will infuse Rs.12,98,34,363/- for certain payments and allotment of fresh equity share capital.
The existing equity share capital of SDFIL shall be reduced and cancelled.
The Resolution Applicant will hold 100% shareholding in the restructured share capital of SDFIL.
…The applic…
The order f…