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    <description>The Tribunal granted an extension of 90 days beyond the stipulated 180 days for the completion of the resolution process under Section 12 of the Insolvency and Bankruptcy Code, 2016. The application for extension of time was approved unanimously by the Committee of Creditors, and the Tribunal accepted the application after considering the reasons provided and hearing the applicant&#039;s counsel. The Tribunal extended the deadline to facilitate the completion of the resolution process, in line with the relevant regulations.</description>
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