https://www.taxtmi.com/caselaws?id=398185 Extension of the corporate insolvency resolution process may be granted where the statutory requirements are met and the Committee of Creditors has approved the request. The Tribunal recorded progress in the resolution process and overwhelming creditor support, and it allowed a further 90-day extension beyond the initial 180 days. It also noted that computation of the extended period would follow the applicable regulation, while the separate request for exclusion of 99 days was not decided at that stage. en-us Tue, 07 Jul 2020 00:00:00 +0530 Wed, 09 Sep 2020 10:18:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398185 Extension of the corporate insolvency resolution process may be granted where the statutory requirements are met and the Committee of Creditors has approved the request. The Tribunal recorded progress in the resolution process and overwhelming creditor support, and it allowed a further 90-day extension beyond the initial 180 days. It also noted that computation of the extended period would follow the applicable regulation, while the separate request for exclusion of 99 days was not decided at that stage. Case-Laws Insolvency and Bankruptcy Tue, 07 Jul 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398185