Ferro Alloys Corporation Limited (BSE:500141) is currently undergoing a Corporate Insolvency Resolution Process (“CIRP”) that has been initiated as per the provisions of Insolvency and Bankruptcy Code (IBC) 2016 under the order of National Company Law Tribunal (NCLT) Kolkata Bench in respect of Company Petition (I.B.) No. 251/KB/2017, and the insolvency commencement date under the IBC is July 06, 2017 and which will be completing on April 2, 2018. Committee of Creditors (CoC) through Resolution Professional (RP) is in process of inviting the Resolution Plan from the existing bidders to improve their existing offers and also provide opportunity to other persons to submit their offer irrespective of the fact that they have applied earlier or not. The CoC has decided to extend the last date of submission of the Resolution Plan from March 12, 2018 to March 17, 2018 to the eligible bidders pursuant to the terms of Expression of Interest (EoI) and Resolution Plan document, the company said in a filing to BSE.