https://www.taxtmi.com/caselaws?id=377169 The Appellate Tribunal partially allowed the exclusion of specific periods sought by the Resolution Professional in a corporate insolvency resolution process. Despite opposition from the Operational Creditor, the Tribunal directed the exclusion of certain periods for counting the 270 days, emphasizing the need for immediate steps to be taken by the Resolution Professional and Committee of Creditors to advance the resolution process. The appeal was allowed, with instructions for prompt compliance with the law in further proceedings. en-us Thu, 20 Dec 2018 00:00:00 +0530 Mon, 25 Mar 2019 06:40:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=377169 The Appellate Tribunal partially allowed the exclusion of specific periods sought by the Resolution Professional in a corporate insolvency resolution process. Despite opposition from the Operational Creditor, the Tribunal directed the exclusion of certain periods for counting the 270 days, emphasizing the need for immediate steps to be taken by the Resolution Professional and Committee of Creditors to advance the resolution process. The appeal was allowed, with instructions for prompt compliance with the law in further proceedings. Case-Laws Insolvency and Bankruptcy Thu, 20 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377169