# In the matter of Wind World (India) Limited

> NCLT judgment dated 2025-11-07. Citation: TCN-2025-NCLT-01710. The case involves an application for exclusion of time period, extension of CIRP, and re-run of…

- **Court:** NCLT
- **Order date:** 7 Nov 2025
- **Citation:** TCN-2025-NCLT-01710
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-ahmedabad/wind-world-india-limited-8c25a86e

## Summary

### Background

The case involves an application for exclusion of time period, extension of CIRP, and re-run of the process under Section 60(5) read with Section 12 of the IBC and Regulation 40 of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 (CIRP Regulations).

## Facts

CIRP against Wind World (India) Limited was initiated on 20.02.2018 by IDBI Bank under Section 7 of the IBC.

The initial statutory period of 180 days for CIRP completion commenced on 20.02.2018 and expired on 19.08.2018.

The resolution plan submitted by Suraksha Consortium was approved by 69.87% of the CoC members on 16.11.2018.

The Adjudicating Authority directed the CoC to revisit the Resolution Plan on 03.12.2019.

The Suraksha Consortium filed IA No. 439 of 2020 for withdrawal of the Resolution Plan, which was initially allowed but later set aside by NCLAT.

The Adjudicating Authority rejected the Resolution Plans on 24.08.2022.

The CoC resolved to withdraw Company Appeal (AT)(Insolvency) No. 1191 of 2022 on 30.08.2025.

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## Issues and analysis

### Issue 1: Whether the Adjudicating Authority has the power to exclude time periods from the CIRP timeline …

**Ratio:** Section 60(5) of the IBC empowers the Adjudicating Authority to pass any order necessary

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**Reasoning:** The section explicitly grants the Adjudicating Authority the power to address delays in

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**Interpretation:** This provision allows the Adjudicating Authority to exclude time periods

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**Application:** The Adjudicating Authority used this power to exclude the period from

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## Parties

- **Judges:** SHAMMI…; SANJEEV S…
- **Appellants:** IDBI…
- **Respondents:** Wind World…; Wind World…; +1 more
- **Other parties:** IDBI…; Sanaea La…
- **Advocates:** Neha…; Sanaea La…; +9 more

## Timeline

- **2018-02-20 — CIRP Init…**: CIRP initiated against Wind World…
- **2018-08-19 — Expiry of Initial CIRP…**: Initial statutory period of 180…

## Legal provisions

- [Insolvency and Bankruptcy Code, 2016, Section 7 — Initiation of corporate insolvency resolution…](https://caseease.in/legal-provisions/insolvency-and-bankruptcy-code-2016/section-7)

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