The application, I.A. (IB) No. 479/KB/2021, was filed by Mr. Bijay Murmuria, the Resolution Professional (RP) for Dimension Steel & Alloys Private Limited, seeking approval of the Resolution Plan under section 30(6) and section 31(1) of the Insolvency & Bankruptcy Code, 2016, read with regulation 39(4) of the CIRP Regulations. The underlying Company Petition, CP (IB) No. 832/KB/2019, was filed by Carbon Resources Private Limited under section 9 of the IBC and admitted on October 18, 2019. The initial 180-day period for the Corporate Insolvency Resolution Process ( CIRP ) expired on April 15, 2020. Extensions were granted, including 90 days and an exclusion of 161 days by an order dated November 5, 2020, pushing the 270-day deadline to December 29, 2020.

The application, I.A. (IB) No. 479/KB/2021, was filed by Mr. Bijay Murmuria, the Resolution Professional (RP) for Dimension Steel & Alloys Private Limited, seeking approval of the Resolution Plan under section 30(6) and section 31(1) of the Insolvency & Bankruptcy Code, 2016, read with regulation 39(4) of the CIRP Regulations. The underlying Company Petition, CP (IB) No. 832/KB/2019, was filed by Carbon Resources Private Limited under section 9 of the IBC and admitted on October 18, 2019. The initial 180-day period for the Corporate Insolvency Resolution Process ( CIRP ) expired on April 15, 2020. Extensions were granted, including 90 days and an exclusion of 161 days by an order dated November 5, 2020, pushing the 270-day deadline to December 29, 2020.