ORDER

1. IA(IBC)/Plan/08/(CHE)/2024 is an application filed on 04.09.2024 by the Resolution Professional of the Corporate Debtor Viz., Spica Metfab Solutions India Private Limited under Section 30(6) of the Insolvency & Bankruptcy Code, 2016 (hereinafter referred to as (‚the Code‛)) read with Regulation 39(4) of the Insolvency & Bankruptcy Board of India Regulations, 2016 seeking reliefs as follows:

a) To approve the Resolution Plan (as amended by Addendum dated 29.08.2024) filed by Successful Resolution Applicant i.e., M/s Subhlaxmi Investment Advisory Pvt Ltd which has been attached as Annexure 8.

b) To direct that the Plan shall be binding on the Corporate Debtor and its employees, members, creditors, including the Central Government, any State Government or any local authority to whom a debt in respect of the payment of dues arising under any law for the time being in force, such as authorities to whom statutory dues are owed, guarantors and other stakeholders involved in the Resolution Plan

2. The Corporate Debtor has been engaged in the business of sheet metal manufacturing and assembling across of the verticals like automobiles, lifts & Elevator etc The executive summary of the