# Approval of Resolution Plan - Redkenko Health Tech Private Limited

> NCLT judgment dated 2026-03-20. Citation: TCN-2026-NCLT-00287. The application was filed by Mr. Pawan Kumar Sharma, the Resolution Professional of Redkenko…

- **Court:** NCLT
- **Order date:** 20 Mar 2026
- **Citation:** TCN-2026-NCLT-00287
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-mumbai/approval-of-resolution-plan-redkenko-health-tech-private-limited-0cd3ddee

## Summary

### Background

The application was filed by Mr. Pawan Kumar Sharma, the Resolution Professional of Redkenko Health Tech Private Limited, seeking approval of the Resolution Plan submitted by MKS Constro-Venture Private Limited.

## Facts

Mr. Pawan Kumar Sharma, the Resolution Professional, filed the application.

Redkenko Health Tech Private Limited is the Corporate Debtor.

The Resolution Plan was submitted by MKS Constro-Venture Private Limited.

The Resolution Plan was approved by 94.39% of the CoC.

The CIRP was initiated on 16.12.2024.

The CoC initially comprised a sole Financial Creditor, Blacksoil Capital Private Limited.

Finvin Investor Private Limited later became a major member of the CoC after Blacksoil Capital Private Limited assigned its debt.

The Resolution Plan provides for a total plan amount of Rs. 4,25,00,000/- to be infused primarily as equity capital.

The Resolution Plan complies with Section 30(2) of the IBC and Regulations 37 & 38 of the CIRP Regulations.

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## Issues and analysis

### Issue 1: Whether the Resolution Plan …

**Ratio:** The Resolution Plan must comply with all

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**Reasoning:** Section 30(2) outlines the mandatory requirements for a resolution plan, including

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**Interpretation:** The Tribunal must ensure that the Resolution Plan adheres to each clause of

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**Application:** The Tribunal found that the Resolution Plan complied with Section 30(2),

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## Parties

- **Judges:** Prabhat…; Sushil Mahadeorao…
- **Appellants:** Pawan Kumar…
- **Respondents:** Redkenko Health…
- **Other parties:** Blacksoil Capital…; Finvin Investor…; +2 more
- **Advocates:** KunalKa…

## Timeline

- **2024-12-16 — Initiation…**: Corporate Debtor was admitted into Corporate Insolvency Resolution Process (CIRP) by this…
- **2024-12-20 — Public Annou…**: Public Announcement in Form A was issued on 20.12.2024, inviting claims from creditors on…

## Legal provisions

- [Insolvency and Bankruptcy Code, 2016, Section 30(6) — Submission of resolution plan](https://caseease.in/legal-provisions/insolvency-and-bankruptcy-code-2016/section-30)

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