NCLT Bengaluru approves resolution plan by Saikam Sivachaitanya for Dunlop Polymers Pvt Ltd under IBC.
Plan provides ₹17.25 crore payout to creditors, including ₹16.75 crore to secured creditor Canara Bank.
Successful Resolution Applicant to infuse ₹9 crore additional capital for working capital and operations.
Monitoring committee established to oversee plan implementation with bi-monthly reporting to NCLT.