https://www.taxtmi.com/caselaws?id=362235 The Tribunal determined that the period for Corporate Insolvency Resolution Process should exclude certain days based on the precedent set in a previous case. As the Resolution Professional was informed late and took charge after a delay, the Tribunal directed the exclusion of these days from the calculation. Consequently, the Adjudicating Authority's order was modified to set a new deadline for completing the resolution process, expunging adverse observations against the Resolution Professional. The appeal was disposed of with these directions and observations. en-us Wed, 16 May 2018 00:00:00 +0530 Wed, 20 Jun 2018 08:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=362235 The Tribunal determined that the period for Corporate Insolvency Resolution Process should exclude certain days based on the precedent set in a previous case. As the Resolution Professional was informed late and took charge after a delay, the Tribunal directed the exclusion of these days from the calculation. Consequently, the Adjudicating Authority's order was modified to set a new deadline for completing the resolution process, expunging adverse observations against the Resolution Professional. The appeal was disposed of with these directions and observations. Case-Laws Insolvency and Bankruptcy Wed, 16 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=362235