Reliance Strategic Business Ventures’ Rs 202 cr plan for Karkinos Healthcare approved by NCLT

The National Company Law Tribunal (NCLT) in Mumbai has approved Reliance Strategic Business Ventures Limited's Rs 202 crore resolution plan for Karkinos Healthcare Pvt. Ltd. (KHPL), which was undergoing insolvency proceedings. The plan, approved on December 9, 2024, ensures 100% recovery for all creditor classes.