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18th October, 2026 Approval of Resolution Plan – Arch Pharmalabs Limited [IA (IBC) (Plan) No. 127/MB/2025 in CP (IB) No. 686/MB/2023] PDF

By TEAM CIRCULAR EXPRESS • 20 Oct 2026
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• The National Company Law Tribunal, Mumbai Bench-II, has approved the Resolution Plan for Arch Pharmalabs Limited.
• The plan was submitted by the consortium of Mr. Ashish Kumar and MetaX Life Sciences Limited.
• The Committee of Creditors approved the proposal with a 98.03% voting share.
• The Corporate Insolvency Resolution Process was initiated following a petition filed by ICICI Bank Limited.
Name of Officer
Anshul Gupta
Designation
Resolution Professional
Department / Organisation
Arch Pharmalabs Limited
purpose of issuance
Approval of Resolution Plan under Section 30(6) and 31 of the Insolvency and Bankruptcy Code, 2016
Most Important Details
The Resolution Plan submitted by the consortium of Mr. Ashish Kumar and MetaX Life Sciences Limited was approved by the CoC with 98.03% voting share and subsequently by the NCLT.
City
Mumbai
State
Maharashtra
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18th October, 2026 Approval of Resolution Plan - Arch Pharmalabs Limited [IA (IBC) (Plan) No. 127/MB/2025 in CP (IB) No. 686/MB/2023] PDF

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