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    <title>2020 (11) TMI 668 - NATIONAL COMPANY LAW TRIBUNAL , CHANDIGARH BENCH</title>
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    <description>The Tribunal allowed the urgent hearing request for IA No. 306/2020 and excluded the periods from 30.11.2019 to 25.02.2020 and from 25.03.2020 to 31.07.2020 from the CIRP timeline due to the replacement of the Interim Resolution Professional (IRP) and the Covid-19 lockdown. Citing legal precedents and regulations, the Tribunal granted the exclusion based on the lack of substantial progress during these periods. IA No. 306/2020 was disposed of accordingly, with the order to be provided to the applicant&#039;s counsel for compliance.</description>
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      <description>The Tribunal allowed the urgent hearing request for IA No. 306/2020 and excluded the periods from 30.11.2019 to 25.02.2020 and from 25.03.2020 to 31.07.2020 from the CIRP timeline due to the replacement of the Interim Resolution Professional (IRP) and the Covid-19 lockdown. Citing legal precedents and regulations, the Tribunal granted the exclusion based on the lack of substantial progress during these periods. IA No. 306/2020 was disposed of accordingly, with the order to be provided to the applicant&#039;s counsel for compliance.</description>
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