NCLT grants a 90-day extension to the liquidation process of Pantel Technologies Pvt Ltd, effective from 04.07.2026.
The Liquidator's application sought a 180-day extension citing pending litigation and non-readily realizable assets.
The Tribunal condoned a 7-day delay in filing the application but granted a shorter extension than requested.
The liquidation process for Pantel Technologies has been ongoing since its commencement on 17.12.2021.