The document pertains to an order regarding IA (IBC)/529/2025 filed in Company Petition IB/164/2021 before the National Company Law Tribunal (NCLT), Hyderabad Bench. The application was moved for the extension of the Corporate Insolvency Resolution Process (CIRP) period.
The key facts are that an application, IA (IBC)/529/2025, was filed in connection with Company Petition IB/164/2021. The application sought an extension of the CIRP period by 60 days, specifically from March 14, 2025, to May 12, 2025. The application was filed under Section 7 of the IBC. The Resolution Professional, Mr. Ramanjaneyulu Gandluri, was present. The NCLT, Hyderabad Bench, considered the submissions made in the application and decided to extend the CIRP period by 60 days. The relevance of these facts lies in the procedural aspect of the CIRP and the court's decision to grant an extension based on the submissions made.
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Hearing held at 10:30…
CIRP period e…
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The document pertains to an order regarding IA (IBC)/529/2025 filed in Company Petition IB/164/2021 before the National Company Law Tribunal (NCLT), Hyderabad Bench. The application was moved for the extension of the Corporate Insolvency Resolution Process (CIRP) period.
The key facts are that an application, IA (IBC)/529/2025, was filed in connection with Company Petition IB/164/2021. The application sought an extension of the CIRP period by 60 days, specifically from March 14, 2025, to May 12, 2025. The application was filed under Section 7 of the IBC. The Resolution Professional, Mr. Ramanjaneyulu Gandluri, was present. The NCLT, Hyderabad Bench, considered the submissions made in the application and decided to extend the CIRP period by 60 days. The relevance of these facts lies in the procedural aspect of the CIRP and the court's decision to grant an extension based on the submissions made.
Hearing held at 10:30…
CIRP period e…
Sign in to view related legal provisions.