https://www.taxtmi.com/caselaws?id=292066 The Tribunal rejected the application to exclude 173 days lost due to legal proceedings during the Corporate Insolvency Resolution Process (CIRP), citing lack of exceptional circumstances and misinterpretation of NCLAT orders by the Interim Resolution Professional (IRP). The Tribunal directed the case to be listed for considering liquidation initiation under Section 33(1)(a) of the Code and instructed the IRP to notify CoC members and file a compliance affidavit of service. en-us Thu, 20 Feb 2020 00:00:00 +0530 Sat, 05 Dec 2020 12:13:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=292066 The Tribunal rejected the application to exclude 173 days lost due to legal proceedings during the Corporate Insolvency Resolution Process (CIRP), citing lack of exceptional circumstances and misinterpretation of NCLAT orders by the Interim Resolution Professional (IRP). The Tribunal directed the case to be listed for considering liquidation initiation under Section 33(1)(a) of the Code and instructed the IRP to notify CoC members and file a compliance affidavit of service. Case-Laws Insolvency and Bankruptcy Thu, 20 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=292066