NCLT Dismisses ISR Infra Liquidation Compromise Scheme

NCLT Amaravati dismisses suspended director's application to submit a scheme of compromise for ISR Infra Pvt Ltd, which is under liquidation.
The Tribunal rejects the plea as the 90-day statutory window for such schemes expired nearly five years after the May 2021 liquidation order.
A separate application directs a respondent to provide required information to the liquidator within a week or face a daily penalty of ₹10,000.