The Resolution Professional filed an Interlocutory Application seeking exclusion/extension of the CIRP period under section 60(5) of the Insolvency and Bankruptcy Code, 2016, read with rule 11 of the NCLT rules 2016.
CIRP commenced against Shree Gangour Foods (Jaipur) LLP on 30.05.2022.
The 180-day CIRP period expired on 26.11.2022.
An extension of 90 days was granted until 24.02.2023.
Kamal Kishore Mukut, a partner of the Corporate Debtor, filed an appeal before NCLAT challenging the initiation of CIRP, which was later dismissed.
The Resolution Professional sought exclusion of the period from 25.02.2023 to 17.11.2025 and an extension of 60 days from 18.11.2025.
The CoC passed a resolution for extension of the CIRP period for 90 days beyond the stipulated period of 180 days with 99.63% voting share.
…Sign in to view the parties.
Corporate Insolvency Resolution Process…
The initial 1…
The Resolution Professional filed an Interlocutory Application seeking exclusion/extension of the CIRP period under section 60(5) of the Insolvency and Bankruptcy Code, 2016, read with rule 11 of the NCLT rules 2016.
CIRP commenced against Shree Gangour Foods (Jaipur) LLP on 30.05.2022.
The 180-day CIRP period expired on 26.11.2022.
An extension of 90 days was granted until 24.02.2023.
Kamal Kishore Mukut, a partner of the Corporate Debtor, filed an appeal before NCLAT challenging the initiation of CIRP, which was later dismissed.
The Resolution Professional sought exclusion of the period from 25.02.2023 to 17.11.2025 and an extension of 60 days from 18.11.2025.
The CoC passed a resolution for extension of the CIRP period for 90 days beyond the stipulated period of 180 days with 99.63% voting share.
…Corporate Insolvency Resolution Process…
The initial 1…