NCLAT Grants 30-Day CIRP Extension to Dharmesh Jain Consortium

NCLAT allows a 30-day extension for completing the Corporate Insolvency Resolution Process (CIRP) of the corporate debtor.
The extension application was filed by the Consortium of Dharmesh Jain and three companies.
The Committee of Creditors (CoC) and Resolution Professional (RP) supported the extension and raised no objections.
The tribunal disposed of the application (I.A. No. 2854 of 2026) after granting the requested relief.