The Winsome Yarn Limited‘s Committee of Creditors (COC) has approved with the requisite majority, through e-voting, in accordance with the provisions of the Insolvency & Bankruptcy Code, 2016, the Resolution Plan being filed by M/s Mohini Health & Hygiene Limited.
The Resolution Professional has applied for approval of the COC approved Resolution Plan with the National Company Law Tribunal, Chandigarh Bench (‘NCLT’).
The Corporate Resolution Insolvency Process was initiated after the insolvency plea was filed by Edelweiss Asset Reconstruction Company Limited, under Section 7 of the Insolvency and Bankruptcy Code, 2016 read with Rule 4 of the…
