The case involves an application for condonation of delay in implementing a resolution plan approved by the Adjudicating Authority. The main petition was filed under Section 7 of the Insolvency and Bankruptcy Code (IBC) by STCI Finance Limited, the Financial Creditor, against Bohra Industries Limited, the Corporate Debtor. The Corporate Insolvency Resolution Process (CIRP) was admitted, and Mr. Naresh Verma was appointed as the IRP and later confirmed as the RP. The Committee of Creditors (CoC) approved a resolution plan submitted by a consortium led by Shri Krishna Agarwal, which was approved by the Adjudicating Authority on 13.10.2021. The Adjudicating Authority directed the implementation of the Resolution Plan within 5 months. An extension of 60 days was granted

The case involves an application for condonation of delay in implementing a resolution plan approved by the Adjudicating Authority. The main petition was filed under Section 7 of the Insolvency and Bankruptcy Code (IBC) by STCI Finance Limited, the Financial Creditor, against Bohra Industries Limited, the Corporate Debtor. The Corporate Insolvency Resolution Process (CIRP) was admitted, and Mr. Naresh Verma was appointed as the IRP and later confirmed as the RP. The Committee of Creditors (CoC) approved a resolution plan submitted by a consortium led by Shri Krishna Agarwal, which was approved by the Adjudicating Authority on 13.10.2021. The Adjudicating Authority directed the implementation of the Resolution Plan within 5 months. An extension of 60 days was granted