https://www.taxtmi.com/caselaws?id=400532 The Tribunal allowed the application to exclude the lockdown period from the Corporate Insolvency Resolution Process (CIRP) timeline of M/s. Neueon Towers Limited. The Resolution Professional's request for an extension to complete the CIRP until 06.09.2020 due to challenges faced by foreign investors from Singapore and Hongkong was approved. The Tribunal considered Regulation 40C of IBBI Regulations and the impact of Covid-19 on the resolution process, directing the completion of CIRP by the extended deadline. en-us Thu, 30 Jul 2020 00:00:00 +0530 Mon, 09 Nov 2020 18:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=400532 The Tribunal allowed the application to exclude the lockdown period from the Corporate Insolvency Resolution Process (CIRP) timeline of M/s. Neueon Towers Limited. The Resolution Professional's request for an extension to complete the CIRP until 06.09.2020 due to challenges faced by foreign investors from Singapore and Hongkong was approved. The Tribunal considered Regulation 40C of IBBI Regulations and the impact of Covid-19 on the resolution process, directing the completion of CIRP by the extended deadline. Case-Laws Insolvency and Bankruptcy Thu, 30 Jul 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=400532