Authority: National Company Law Tribunal, New Delhi Court-IV (Special Bench)
Order Date: 13 July 2026
Case Overview
This order concerns an application (IA/3126/ND/2026) filed by the Liquidator of Ekdant Buildtech Pvt Ltd. under the proviso to Section 54(1) of the Insolvency and Bankruptcy Code, 2016. The application sought an extension of ninety (90) days for completing the corporate debtor's liquidation process, effective from 01 July 2026. The liquidator's counsel submitted that the extension was necessary because an application under Section 66 of the Code is pending and the Committee of Creditors (CoC) has decided to pursue the matter under Regulation 37(A) of the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016.
Final Outcome
The NCLT bench, comprising Member (Technical) Shri Yogendra Kumar Singh and Member (Judicial) Shri Mahendra Khandelwal, granted the 90-day extension effective from 01 July 2026. The liquidator was directed to take all possible efforts to complete the liquidation process within this extended period. The application was disposed of with these observations.
Topics: Insolvency, Liquidation Process, NCLT Order