NCLT Kolkata Bench grants three 60-day extensions to the Corporate Insolvency Resolution Process (CIRP) of Rosewood Projects Private Limited.
The Resolution Professional reports a fresh Form G yielded only one Expression of Interest, which was non-compliant with requirements.
The Committee of Creditors (CoC) decided in its 11th meeting to liquidate the Corporate Debtor due to the failed resolution attempt.
One application for liquidation (IA(IBC)(LIQ.)/24(KB)2025) is heard and reserved for orders by the tribunal.