The case involves multiple applications related to the Corporate Insolvency Resolution Process (CIRP) of Unijules Life Sciences Limited. IA (Plan) No. 67 of 2025 was filed by the Resolution Professional seeking approval of the Resolution Plan. IA No. 3566 of 2025 and IA No. 5056 of 2025 were filed by dissenting applicants challenging the resolution process.
Corporate Debtor, Unijules Life Sciences Limited, underwent CIRP initiated on 08.03.2019.
Amit Chandrashekhar Poddar was appointed as the Interim Resolution Professional (IRP) and later confirmed as Resolution Professional (RP).
The RP published Form G inviting Expression of Interest (EoI) from prospective resolution applicants.
S.S. Fabricators & Manufacturers Private Limited submitted a Resolution Plan that was approved by the CoC with 98.54% voting share.
Dissenting financial creditor Satsai Finlease Private Limited holding 1.13% of the voting share in the COC raised objections regarding the unpaid CIRP costs and treatment of Employees' Provident Fund.
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CP(IB) No. 3080…
The Tribunal admitted…
The case involves multiple applications related to the Corporate Insolvency Resolution Process (CIRP) of Unijules Life Sciences Limited. IA (Plan) No. 67 of 2025 was filed by the Resolution Professional seeking approval of the Resolution Plan. IA No. 3566 of 2025 and IA No. 5056 of 2025 were filed by dissenting applicants challenging the resolution process.
Corporate Debtor, Unijules Life Sciences Limited, underwent CIRP initiated on 08.03.2019.
Amit Chandrashekhar Poddar was appointed as the Interim Resolution Professional (IRP) and later confirmed as Resolution Professional (RP).
The RP published Form G inviting Expression of Interest (EoI) from prospective resolution applicants.
S.S. Fabricators & Manufacturers Private Limited submitted a Resolution Plan that was approved by the CoC with 98.54% voting share.
Dissenting financial creditor Satsai Finlease Private Limited holding 1.13% of the voting share in the COC raised objections regarding the unpaid CIRP costs and treatment of Employees' Provident Fund.
…CP(IB) No. 3080…
The Tribunal admitted…