https://www.taxtmi.com/caselaws?id=397891 The Tribunal allowed the exclusion of a specific period from the Corporate Insolvency Resolution Process (CIRP) under Section 12 of the Insolvency and Bankruptcy Code, 2016. The exclusion encompassed days from the admission of the petition to the order's pronouncement, totaling 41 days. This decision aimed to facilitate the resolution process, potentially saving the Corporate Debtor from liquidation and aligning with the Code's objective of promoting distressed entities' revival. en-us Fri, 31 Jan 2020 00:00:00 +0530 Tue, 01 Sep 2020 11:06:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=397891 The Tribunal allowed the exclusion of a specific period from the Corporate Insolvency Resolution Process (CIRP) under Section 12 of the Insolvency and Bankruptcy Code, 2016. The exclusion encompassed days from the admission of the petition to the order's pronouncement, totaling 41 days. This decision aimed to facilitate the resolution process, potentially saving the Corporate Debtor from liquidation and aligning with the Code's objective of promoting distressed entities' revival. Case-Laws Insolvency and Bankruptcy Fri, 31 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=397891