Time-limit for insolvency resolution requires completion within prescribed period, with one limited extension and an outer statutory cap. The corporate insolvency resolution process must be completed within a statutory initial period; the resolution professional may apply for a single limited extension if the committee of creditors so instructs, and the Adjudicating Authority may permit that extension when satisfied completion is not possible within the initial period, subject to a final outer statutory completion cap that includes time spent in related legal proceedings.