https://www.taxtmi.com/caselaws?id=398625 The Tribunal granted the Applicant an additional 30 days to make the balance payment of Rs. 32.41 Crores plus interest and security charges, with 12% annual interest, due to Covid-19 disruptions. The liquidator did not oppose the extension request, considering the exceptional circumstances caused by the pandemic. The decision highlighted the need for flexibility and understanding in light of the challenges faced by the Applicant during the Covid-19 situation. en-us Wed, 09 Sep 2020 00:00:00 +0530 Mon, 21 Sep 2020 10:38:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398625 The Tribunal granted the Applicant an additional 30 days to make the balance payment of Rs. 32.41 Crores plus interest and security charges, with 12% annual interest, due to Covid-19 disruptions. The liquidator did not oppose the extension request, considering the exceptional circumstances caused by the pandemic. The decision highlighted the need for flexibility and understanding in light of the challenges faced by the Applicant during the Covid-19 situation. Case-Laws Insolvency and Bankruptcy Wed, 09 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398625