The application was filed under section 30(6) r/w Regulation 39(4) of the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016, r/w Rule 11 of the NCLT Rules, 2016.

Edelweiss Asset Reconstruction Company Limited initiated CIRP against Siddharth World Trade Private Limited under Section 7 of the Code on 13.05.2021.

Mr. Sameer Kakar was appointed as the Interim Resolution Professional (IRP) and later replaced by Mr. Shekhar Kumar Agrawal as the Resolution Professional.

The Resolution Plan submitted by M/s Sharad Milk and Milk Products was approved by 100% of the Committee of Creditors (CoC).

The total amount to be infused into the Corporate Debtor was Rs. 6.70 Crores payable over one year, later increased to Rs. 8 Crores payable within 3 months.

The application was filed under section 30(6) r/w Regulation 39(4) of the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016, r/w Rule 11 of the NCLT Rules, 2016.

Edelweiss Asset Reconstruction Company Limited initiated CIRP against Siddharth World Trade Private Limited under Section 7 of the Code on 13.05.2021.

Mr. Sameer Kakar was appointed as the Interim Resolution Professional (IRP) and later replaced by Mr. Shekhar Kumar Agrawal as the Resolution Professional.

The Resolution Plan submitted by M/s Sharad Milk and Milk Products was approved by 100% of the Committee of Creditors (CoC).

The total amount to be infused into the Corporate Debtor was Rs. 6.70 Crores payable over one year, later increased to Rs. 8 Crores payable within 3 months.