https://www.taxtmi.com/caselaws?id=362077 The Appellate Tribunal directed the Adjudicating Authority to exclude a 166-day period from the Corporate Insolvency Resolution Process (CIRP) calculation due to delays caused by interim orders. This exclusion granted an extension to the Resolution Professional and Committee of Creditors to complete the process effectively. The Tribunal modified the Adjudicating Authority's order, allowing for a fair and just resolution process by considering the circumstances and the need for exclusions in the CIRP timeline. en-us Tue, 08 May 2018 00:00:00 +0530 Tue, 19 Jun 2018 11:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=362077 The Appellate Tribunal directed the Adjudicating Authority to exclude a 166-day period from the Corporate Insolvency Resolution Process (CIRP) calculation due to delays caused by interim orders. This exclusion granted an extension to the Resolution Professional and Committee of Creditors to complete the process effectively. The Tribunal modified the Adjudicating Authority's order, allowing for a fair and just resolution process by considering the circumstances and the need for exclusions in the CIRP timeline. Case-Laws Insolvency and Bankruptcy Tue, 08 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=362077