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NATIONAL COMPANY LAW APPELLATE TRIBUNAL
ASHOK BHUSHAN, J
Purusottam Behera (Resolution Professional for Mrs. Manisha S Patil) – Appellant
Versus
State Bank of India – Respondent
| Table of Content |
|---|
| 1. consolidated appeals by rp challenging dismissal of pirp extension. (Para 1 , 2) |
| 2. timeline of cirp, section 95 applications, pirp admission, and plan submission. (Para 3) |
| 3. parties' submissions on pirp extension post-moratorium. (Para 4 , 5 , 6) |
| 4. moratorium limited to 180 days; regulation 19 directory. (Para 7 , 8 , 9 , 10) |
| 5. no extension of moratorium; pirp extension possible per anil kumar. (Para 11 , 12 , 13 , 14) |
| 6. pirp extension allowed despite moratorium expiry per shiv kumar. (Para 15 , 16 , 17) |
| 7. timelines directory; extension jurisdiction per essar steel. (Para 18 , 19 , 20 , 21) |
| 8. pirp extended to 15.03.2026; appeals allowed. (Para 22 , 23) |
JUDGMENT
ASHOK BHUSHAN, J.
These appeals have been filed by the Resolution Professional (RP) of the personal guarantors, challenging the common order dated 28.01.2026 passed by the adjudicating authority (National Company Law Tribunal, Court – V, Mumbai Bench) in I.A. No.136/2026 in C.P. No.400(IB)/MB/2024 in I.A. No.137/2026 in C.P. No.717(IB)/MB/2023 in I.A. No.138/2026 in C.P. No.719(IB)/MB/2023 in I.A. No.139/2026 in C.P. No.398(IB)/MB/2024 in I.A. No.146/2026 in C.P. No. (IB)399/MB/2024 & in I.A. No.141/2026 in C
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