NCLAT dismisses appeal against NCLT Mumbai's order liquidating Syska E-Retails LLP after CIRP expiry.
CIRP expired on 14.12.2025 without resolution plan or valid extension, triggering mandatory liquidation under Section 33(1)(a).
CoC deadlock occurred with 45.16% voting for extension and 54.84% for liquidation, both below required 66% threshold.
Appellant's post-expiry resolution interest and MSME status under Section 240A deemed insufficient to revive expired CIRP.