https://www.taxtmi.com/caselaws?id=398715 The Tribunal granted the exclusion of 21 days from the Corporate Insolvency Resolution Process, following the Resolution Professional's application based on delays in the appointment of the Interim Resolution Professional and citing exceptional circumstances such as a fire outbreak at the Corporate Debtor's plant. The decision aligned with the Committee of Creditors' unanimous agreement and the interpretation of legal provisions, including a Supreme Court judgment allowing extensions beyond the specified period to serve stakeholders' interests and revive the Corporate Debtor. en-us Thu, 12 Mar 2020 00:00:00 +0530 Wed, 23 Sep 2020 08:03:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398715 The Tribunal granted the exclusion of 21 days from the Corporate Insolvency Resolution Process, following the Resolution Professional's application based on delays in the appointment of the Interim Resolution Professional and citing exceptional circumstances such as a fire outbreak at the Corporate Debtor's plant. The decision aligned with the Committee of Creditors' unanimous agreement and the interpretation of legal provisions, including a Supreme Court judgment allowing extensions beyond the specified period to serve stakeholders' interests and revive the Corporate Debtor. Case-Laws Insolvency and Bankruptcy Thu, 12 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398715