Declared Successful Resolution Applicant for Shree Uttam Food Products (India) Pvt Ltd
The company has been declared the Successful Resolution Applicant for Shree Uttam Food Products (India) Private Limited under the insolvency process (IBC).
- Resolution Plan Submission Date
- 23/07/2026
- CoC Approval Date
- 25/09/2026
- Target Company
- Shree Uttam Food Products (India) Private Limited
- Process Type
- Corporate Insolvency Resolution Process (CIRP) under IBC
What was announced
Samyak International Limited has been declared the Successful Resolution Applicant in the Corporate Insolvency Resolution Process (CIRP) of Shree Uttam Food Products (India) Private Limited, the corporate debtor.
How it happened
- The Resolution Professional of the corporate debtor issued a Request for Resolution Plan (RFRP).
- The company submitted its Final Resolution Plan on 23/07/2026.
- The plan was evaluated under the RFRP terms and the Insolvency and Bankruptcy Code, 2016.
- The Committee of Creditors, at its meeting on 25/09/2026, approved the plan with the requisite majority.
What it means for investors
Being the Successful Resolution Applicant means the company's bid to take over the insolvent firm has been selected by the lenders. It signals an intended expansion into the corporate debtor's business. Investors may watch for further updates on the resolution plan's progress.
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