https://www.taxtmi.com/caselaws?id=290356 The Authority allowed the applicant's application under section 60(5) of the Insolvency & Bankruptcy Code to submit a resolution plan after missing deadlines. Despite the RP's concerns about time constraints and late submissions, the Authority directed the RP to receive the applicant's plan for COC consideration. The decision imposed costs on the applicant for the delay and specified a deadline for plan submission, emphasizing the applicant's responsibility for resolution costs. The judgment disposed of the application with instructions for communication to relevant parties and issuance of a certified copy upon compliance. en-us Thu, 26 Jul 2018 00:00:00 +0530 Mon, 21 Sep 2020 18:38:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=290356 The Authority allowed the applicant's application under section 60(5) of the Insolvency & Bankruptcy Code to submit a resolution plan after missing deadlines. Despite the RP's concerns about time constraints and late submissions, the Authority directed the RP to receive the applicant's plan for COC consideration. The decision imposed costs on the applicant for the delay and specified a deadline for plan submission, emphasizing the applicant's responsibility for resolution costs. The judgment disposed of the application with instructions for communication to relevant parties and issuance of a certified copy upon compliance. Case-Laws Insolvency and Bankruptcy Thu, 26 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=290356