https://www.taxtmi.com/caselaws?id=284027 The Tribunal granted exclusion of specific days from the CIRP due to the cancellation of the erstwhile RP's registration, totaling 21 days. Despite this exclusion, extension requests were denied as the statutory period had expired, emphasizing adherence to the 270-day limit for completing the CIRP. The Tribunal referenced Supreme Court and NCLAT judgments to establish the legal framework for exclusions, ultimately ordering the liquidation of the Corporate Debtor and appointing the RP as the Liquidator with defined powers and duties. en-us Fri, 08 Mar 2019 00:00:00 +0530 Thu, 24 Oct 2019 07:40:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=284027 The Tribunal granted exclusion of specific days from the CIRP due to the cancellation of the erstwhile RP's registration, totaling 21 days. Despite this exclusion, extension requests were denied as the statutory period had expired, emphasizing adherence to the 270-day limit for completing the CIRP. The Tribunal referenced Supreme Court and NCLAT judgments to establish the legal framework for exclusions, ultimately ordering the liquidation of the Corporate Debtor and appointing the RP as the Liquidator with defined powers and duties. Case-Laws Insolvency and Bankruptcy Fri, 08 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=284027