https://www.taxtmi.com/caselaws?id=290654 The Tribunal extended the Corporate Insolvency Resolution Process (CIRP) period due to pending applications and the impact of interim orders, which had caused a 160-day delay. The extension until 15.05.2018 aimed to address the pending applications effectively, with Financial Creditors willing to consider submissions beyond the original deadline. All parties agreed to advance arguments on the specified date, recognizing the necessity for additional time. The Tribunal emphasized the urgent need for extension, considering the impact of interim orders and ensuring a fair resolution of the pending matters. en-us Fri, 27 Apr 2018 00:00:00 +0530 Fri, 09 Oct 2020 10:52:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=290654 The Tribunal extended the Corporate Insolvency Resolution Process (CIRP) period due to pending applications and the impact of interim orders, which had caused a 160-day delay. The extension until 15.05.2018 aimed to address the pending applications effectively, with Financial Creditors willing to consider submissions beyond the original deadline. All parties agreed to advance arguments on the specified date, recognizing the necessity for additional time. The Tribunal emphasized the urgent need for extension, considering the impact of interim orders and ensuring a fair resolution of the pending matters. Case-Laws Insolvency and Bankruptcy Fri, 27 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=290654