https://www.taxtmi.com/caselaws?id=291572 The Adjudicating Authority partially allowed the application seeking exclusion of days for the Corporate Insolvency Resolution Process (CIRP) period. The exclusion period was restricted to 150 days instead of the requested 210 days, emphasizing the need for expeditious resolution efforts. The decision considered the interests of stakeholders, particularly home buyers, and highlighted the importance of natural justice in allowing sufficient time for resolution. The judgment emphasized the balance between legal principles and equitable application of laws in insolvency cases to ensure fairness and efficiency in the resolution process. en-us Tue, 04 Jun 2019 00:00:00 +0530 Wed, 18 Nov 2020 09:30:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=291572 The Adjudicating Authority partially allowed the application seeking exclusion of days for the Corporate Insolvency Resolution Process (CIRP) period. The exclusion period was restricted to 150 days instead of the requested 210 days, emphasizing the need for expeditious resolution efforts. The decision considered the interests of stakeholders, particularly home buyers, and highlighted the importance of natural justice in allowing sufficient time for resolution. The judgment emphasized the balance between legal principles and equitable application of laws in insolvency cases to ensure fairness and efficiency in the resolution process. Case-Laws Insolvency and Bankruptcy Tue, 04 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=291572