NCLT approves Rs 318 cr Lulu International resolution plan for Manjeera Retail

The National Company Law Tribunal (NCLT), Hyderabad Bench, has approved a resolution plan for M/s Manjeera Retail Holdings Private Limited (MRHPL). The plan, submitted by M/s Lulu International Shopping Malls Private Limited (LISMPL), received unanimous support from the Committee of Creditors (COC).The resolution plan entails a total amount of ₹318.42 crores, allocated to secured financial…