KSS Limited NCLT approves resolution plan; Monitoring Committee formed

NCLT Mumbai Bench has approved the resolution plan for KSS Limited (currently in CIRP), submitted by M/s. Micro Capitals Private Limited. The plan was first approved by the Committee of Creditors in October 2023. A 3-member Monitoring Committee will supervise implementation and manage day-to-day operations of the company until the closing date.