
Dhruv Wellness Ltd: 4th Committee of Creditors Meeting Approves CIRP Costs and Accepts Claims from MAS Financial and CDSL
The 4th Committee of Creditors (CoC) meeting of Dhruv Wellness Ltd, held on Wednesday, 13th August 2025, approved the CIRP costs and accepted claims from MAS Financial and CDSL. The meeting was chaired by Resolution Professional Ashok Mittal and attended by authorized representatives of Axis Bank, SBI Bank, and Kotak Mahindra Bank. The CoC, having a voting share of 98.68%, approved the minutes of the 3rd CoC meeting and discussed the IA filed under Section 19(2) against the suspended management. The RP also informed the CoC about the claims received from MAS Financial and CDSL, which were categorized as acceptable. The RP will submit these claims before the Adjudicating Authority for condonation of delay and adjudication. The CoC was also apprised of the final list of prospective resolution applicants and the approval of the Information Memorandum, RFRP, and Evaluation Matrix.
Key Highlights
- 4th Committee of Creditors meeting of Dhruv Wellness Ltd approves CIRP costs
- Claims from MAS Financial and CDSL accepted by the CoC
- IA filed under Section 19(2) against the suspended management discussed
- Final list of prospective resolution applicants issued
- Approval of the Information Memorandum, RFRP, and Evaluation Matrix
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