All secured creditors of bankrupt Binani Cement (BCL) received their dues on Tuesday, a day after the Supreme Court allowed UltraTech Cement to acquire the cement firm under the corporate insolvency resolution process (CIRP). Financial creditors to Binani Cement include State Bank of India, Edelweiss Asset Reconstruction Company, IDBI Bank, Canara Bank, Bank of Baroda, Bank of India and EXIM Bank, among others. BCL, which had been a subsidiary of Binani Industries, became a wholly-owned subsidiary of UltraTech Cement with effect from Tuesday. In terms of the company\u2019s resolution plan approved by the National Company Law Appellate Tribunal (NCLAT), the board of BCL has been re-constituted, the Aditya Birla Group unit informed in a stock exchange filing. On Monday, a Supreme Court bench of Justices RF Nariman and Navin Sinha upheld the NCLAT\u2019s order, which had allowed UltraTech Cement to acquire Binani Cement by approving its revised Rs 7,950.34 crore bid. However, the cement major\u2019s outgo to acquire the bankrupt firm will be higher since the company would continue to pay the financial creditors\u2019 interest. The committee of creditors (CoC) of Binani Cement had voted overwhelmingly in favour of Ultratech\u2019s Rs 7,960 crore bid on May 28. The NCLAT order in the case had rejected Dalmia Bharat group company Rajputana Properties\u2019 bid as it was \u201cdiscriminatory\u201d against some financial creditors. The appellate tribunal had said the RPPL\u2019s resolution plan discriminated between some of the financial creditors which are equally situated and not balanced the other stakeholder, such as operational creditors. \u201cTherefore, the adjudicating authority (NCLT Kolkata bench) has rightly held the resolution plan submitted by RRPL to be discriminatory,\u201d it noted. The NCLAT observed that both \u2013 RPPL and UltraTech \u2013 had submitted their plan on February 12, 2018 and subsequently RPPL had revised its plan on March 7 and UltraTech on March 8, much before the CoC voting date of March 14.