Vishal Rice Exports Resolution Plan Approved by NCLT

NCLT Chandigarh approves Kasturi Lal Ashok Kumar's ₹1.62 crore resolution plan for Vishal Rice Exports.
Plan provides 23.96% recovery to assenting Canara Bank and 0.69% to dissenting Punjab National Bank.
Operational creditors to receive 0.29% of admitted claims while CIRP costs allocated ₹15 lakh.
Resolution includes share capital restructuring and 36-day implementation timeline with monitoring committee.