NCLT Approves Kute Sons Fresh Dairy Resolution Plan

NCLT Mumbai bench approves resolution plan for Kute Sons Fresh Dairy submitted by Consortium of Ajinath Hajare and Oximax Agritech.
Resolution plan provides ₹25.02 crore total consideration with secured financial creditors receiving ₹22.81 crore payout.
Plan approved by CoC with 100% voting share and includes payment of CIRP costs, operational creditors, and government dues.
Implementation includes performance security deposit of ₹3.75 crore and establishment of monitoring committee for supervision.