Case Details

Case Name: SREI Equipment Finance Ltd vs. Worlds Window Wardha Infrastructure Pvt. Ltd

Court/Authority: National Company Law Tribunal (NCLT), New Delhi Bench (Court – II)

Case Numbers: IB-222/ND/2024 & IA-2218/ND/2026

Date of Order: May 20, 2026

Matter Under: Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016

Parties Involved

Petitioner/Applicant: SREI Equipment Finance Ltd

Respondent: Worlds Window Wardha Infrastructure Pvt. Ltd

Representative for the Resolution Professional (RP): Advocate Vishawjeet Singh Rathore

Bench: Hon'ble Member (Judicial) Sh. Ashok Kumar Bhardwaj and Hon'ble Member (Technical) Sh. Atul Chaturvedi

Application & Tribunal's Findings

An application (IA-2218/ND/2026) was heard by the tribunal. The learned counsel for the applicant submitted that the Corporate Insolvency Resolution Process (CIRP) is at a culminating stage. It was stated that three proposed resolution applicants have shown interest in submitting a resolution plan, although the plans themselves are yet to be formally received.

Final Ruling & Directions

Based on the submissions and the reasons stated therein, the tribunal allowed the application. The period of the Corporate Insolvency Resolution Process (CIRP) is extended by 90 days beyond its previous deadline of May 16, 2026.