NCLT Extends Shanaya Fashions Liquidation by 90 Days

NCLT Mumbai extends liquidation period for Shanaya Fashions by 90 days until 21 July 2026.
Liquidator seeks more time to sell immovable property in Business Bay Building, Sakinaka.
Tribunal directs notice to Central Bank of India and Thane Bharat Sahakari Bank as substantial SCC members.
All group entities owning parts of the building are under liquidation with coordinated sale attempts.