The application is filed by Dr. Mamta Binani, the Resolution Professional, for approval of the resolution plan for Rolta India Limited, the Corporate Debtor, submitted by Ashdan Properties Private Limited, the Successful Resolution Applicant (SRA). The resolution plan was approved by 100% of the Committee of Creditors (CoC).
Dr. Mamta Binani is the Resolution Professional (RP) and Applicant.
Rolta India Limited is the Corporate Debtor.
Union Bank of India is the Financial Creditor.
Ashdan Properties Private Limited is the Successful Resolution Applicant (SRA).
The CIRP was initiated on 19.01.2023.
The CoC approved the Resolution Plan with 100% voting share on 02.08.2024.
The Resolution Plan value is INR 9,00,00,00,000/-.
The RP filed the application for approval of the Resolution Plan on 10.08.2024.
The Letter of Intent has been accepted by the Successful Resolution Applicant on 09.08.2024.
The Resolution Applicant has submitted Performance Security for an amount of Rs.25,00,00,000/- by way of a direct deposit by way of the Real Time Gross Settlement (RTGS) system on 09.08.2024.
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The CIRP of Rol…
Public announcement was…
The application is filed by Dr. Mamta Binani, the Resolution Professional, for approval of the resolution plan for Rolta India Limited, the Corporate Debtor, submitted by Ashdan Properties Private Limited, the Successful Resolution Applicant (SRA). The resolution plan was approved by 100% of the Committee of Creditors (CoC).
Dr. Mamta Binani is the Resolution Professional (RP) and Applicant.
Rolta India Limited is the Corporate Debtor.
Union Bank of India is the Financial Creditor.
Ashdan Properties Private Limited is the Successful Resolution Applicant (SRA).
The CIRP was initiated on 19.01.2023.
The CoC approved the Resolution Plan with 100% voting share on 02.08.2024.
The Resolution Plan value is INR 9,00,00,00,000/-.
The RP filed the application for approval of the Resolution Plan on 10.08.2024.
The Letter of Intent has been accepted by the Successful Resolution Applicant on 09.08.2024.
The Resolution Applicant has submitted Performance Security for an amount of Rs.25,00,00,000/- by way of a direct deposit by way of the Real Time Gross Settlement (RTGS) system on 09.08.2024.
The CIRP of Rol…
Public announcement was…