Case Details

Case Name: IA (IBC) 815/2026 in CP(IB) No. 167/9/HDB/2023 u/s. 9 of IBC, 2016

Parties: M/s. COSR Ventures (Operational Creditor) AND Lumiford Private Limited (Corporate Debtor)

Court/Authority: National Company Law Tribunal, Hyderabad Bench – 1

Coram: Shri. Rajeev Bhardwaj, Hon'ble Member (Judicial) and Shri. Sanjay Puri, Hon'ble Member (Technical)

Order Date: 21.05.2026

Nature of Order: Corrigendum Order

Parties Involved

Petitioner/Applicant: Represented by Mr. Amir Bavani, Learned Counsel

Operational Creditor: M/s. COSR Ventures

Corporate Debtor: Lumiford Private Limited

Issues / Allegations / Violations

A memo was filed on 21.05.2026 pointing out a typographical error in the order dated 20.05.2026. The error pertained to the calculation and effective date of the extension of the Corporate Insolvency Resolution Process (CIRP) period.

Findings & Observations

The Tribunal examined the entire records and confirmed that the error notified in the memo was indeed a typographical error, which could be rectified.

Corrections Made

The following correction was made to the original order:

| For | Read |

| In view of the stay granted by the Hon'ble NCLAT, which was vacated on 24.02.2026, the period from 24.10.2024 to 24.02.2026, during which the stay remained in force, is hereby excluded, and consequently, the CIRP period is extended by 96 days with effect from 25.02.2026. Accordingly, this application is allowed and disposed of. | In view of the stay granted by the Hon'ble NCLAT, which was vacated on 24.02.2026, the period from 24.10.2024 to 24.02.2026, during which the stay remained in force, is hereby excluded and remaining 44 days of 180 days CIRP period expired on 09.04.2026, and consequently, the CIRP period is extended by 90 days with effect from 10.04.2026. Accordingly, this application is allowed and disposed of. |

Final Ruling & Enforcement

The application was allowed and disposed of. All other contents of the original order dated 20.05.2026 remain unchanged. This corrigendum order is to be read along with the original order.