# In the matter of SHREE GANGOUR FOODS (JAIPUR) LLP

> NCLT judgment dated 2026-03-24. Citation: TCN-2026-NCLT-00250. The Resolution Professional filed an Interlocutory Application seeking exclusion/extension of…

- **Court:** NCLT
- **Order date:** 24 Mar 2026
- **Citation:** TCN-2026-NCLT-00250
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-jaipur/shree-gangour-foods-jaipur-llp-5565d6b7

## Summary

### Background

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.

## Facts

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.

…

## Issues and analysis

### Issue 1: Whether the Resolution Professional was justified in …

**Ratio:** The Adjudicating Authority has discretionary power to grant extensions in exceptional

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**Reasoning:** The Resolution Professional became active only after the Adjudicating Authority sought an

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**Interpretation:** The Resolution Professional's conduct

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**Application:** The application for

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## Parties

- **Judges:** Reeta K…; Kavita Bha…
- **Appellants:** Sangeeta Ajmera…; Kamal Kishore…; +1 more
- **Respondents:** Shree Gangour…
- **Other parties:** Neelam…
- **Advocates:** Nivedita Ravindra…; Rupesh…

## Timeline

- **30.05.2022 — CIRP Commencem…**: Corporate Insolvency Resolution Process commenced against Shree Gangour Foods (Jaipur)…
- **26.11.2022 — Expiry of 180-day CIRP…**: The initial 180-day…

## Legal provisions

- [Insolvency and Bankruptcy Code, 2016, Section 60(5) — Adjudicating Authority for corporate persons](https://caseease.in/legal-provisions/insolvency-and-bankruptcy-code-2016/section-60)

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