Further to our disclosure dated May 23 2024 May 27 2024 June 7 2024 June 13 2024 June 20 2024 and June 25 2024 pertaining to the IA 2561/2024 in C.P.(IB)/1231(MB)2021 filed by the Successful Resolution Applicant under Section 60(5) of the Insolvency and Bankruptcy Code 2016 read with Rule 11 of the National Company Law Tribunal Rules 2016 for seeking an extension of 90 days from May 27 2024 for the implementation of the Approved Resolution Plan we hereby inform you that NCLT has passed an order dated July 23 2024 partly allowing the said application. A copy of the order of the NCLT dated July 23 2024 is attached herewith.
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