https://www.taxtmi.com/caselaws?id=386484 The Tribunal rejected the application to exclude a 145-day period for completing the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. It was determined that the Interim Resolution Professional (IRP) had effectively acted as the Resolution Professional (RP) during this period. With the statutory 270-day period for completing the CIRP ending without an approved resolution plan, the RP was advised to consider applying for Liquidation under Section 33 of the IBC, 2016. en-us Mon, 27 May 2019 00:00:00 +0530 Mon, 30 Sep 2019 09:50:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=386484 The Tribunal rejected the application to exclude a 145-day period for completing the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. It was determined that the Interim Resolution Professional (IRP) had effectively acted as the Resolution Professional (RP) during this period. With the statutory 270-day period for completing the CIRP ending without an approved resolution plan, the RP was advised to consider applying for Liquidation under Section 33 of the IBC, 2016. Case-Laws Insolvency and Bankruptcy Mon, 27 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=386484