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Ambition Mica: Corporate Insolvency Resolution Process (CIRP)-Approval of Resolution plan by Tribunal

19-May-2026 Follow Value Research Online on Google download pdfDownload PDF Ambition Mica

Resolution Plan was approved by the Adjudicating Authority pursuant to which a monitoring committee was formed to oversee the implementation of resolution plan. However because of non payment of funds by the Successful Resolution Applicant the resolution plan has been breached and an Interlocutory Application regarding the same has been filed before the Honble NCLT Ahmedabad Bench.

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