Mr. Vivek Satyaprakash Jalan, the Resolution Professional of M/s Ark Industries Private Limited (Corporate Debtor), filed an application under Section 30(6) of the IBC, 2016, seeking approval for the Resolution Plan. The plan, submitted by Mr. Sanjay Punglia along with Farmswipe Private Limited (Successful Resolution Applicant), was approved by the Committee of Creditors (CoC) with a 100% voting share after an e-voting process. The Corporate Debtor was admitted into CIRP on 08.01.2025, and Mr. Vivek Satyaprakash Jalan was initially appointed as the Interim Resolution Professional.
The present Application was filed by Mr. Vivek Satyaprakash Jalan, the Resolution Professional, seeking approval of the Resolution Plan dated 02.01.2026.
The Resolution Plan was submitted by Mr. Sanjay Punglia along with Farmswipe Private Limited (Successful Resolution Applicant).
The Corporate Debtor is Ark Industries Private Limited.
The Resolution Plan was placed before the Committee of Creditors (CoC) at its 10th meeting on 12.01.2026 and approved with 100% voting share through e-voting conducted from 15.01.2026 to 29.01.2026.
The Tribunal admitted the Corporate Debtor into CIRP on 08.01.2025 and appointed Mr. Vivek Satyaprakash Jalan as the Interim Resolution Professional (IRP).
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The Tribunal, vide order dated 08.01.2025…
Pursuant to the Admission Order, the IRP…
Mr. Vivek Satyaprakash Jalan, the Resolution Professional of M/s Ark Industries Private Limited (Corporate Debtor), filed an application under Section 30(6) of the IBC, 2016, seeking approval for the Resolution Plan. The plan, submitted by Mr. Sanjay Punglia along with Farmswipe Private Limited (Successful Resolution Applicant), was approved by the Committee of Creditors (CoC) with a 100% voting share after an e-voting process. The Corporate Debtor was admitted into CIRP on 08.01.2025, and Mr. Vivek Satyaprakash Jalan was initially appointed as the Interim Resolution Professional.
The present Application was filed by Mr. Vivek Satyaprakash Jalan, the Resolution Professional, seeking approval of the Resolution Plan dated 02.01.2026.
The Resolution Plan was submitted by Mr. Sanjay Punglia along with Farmswipe Private Limited (Successful Resolution Applicant).
The Corporate Debtor is Ark Industries Private Limited.
The Resolution Plan was placed before the Committee of Creditors (CoC) at its 10th meeting on 12.01.2026 and approved with 100% voting share through e-voting conducted from 15.01.2026 to 29.01.2026.
The Tribunal admitted the Corporate Debtor into CIRP on 08.01.2025 and appointed Mr. Vivek Satyaprakash Jalan as the Interim Resolution Professional (IRP).
…The Tribunal, vide order dated 08.01.2025…
Pursuant to the Admission Order, the IRP…