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<h1>Resolution plan approval under insolvency law secures redevelopment, creditor repayment, and delivery of homes to displaced residents.</h1> Approval of a corporate insolvency resolution plan for RITE BUILTEC PRIVATE LIMITED names Aspect Global Ventures Private Limited as resolution applicant, records admitted claims exceeding the stated sum, and provides for full payment to the identified secured financial creditor within a short post-approval period. The Committee of Creditors completed approval within a year and the tribunal stage concluded thereafter to enable delivery of homes and rent dues to affected slum-dwellers.