https://www.taxtmi.com/caselaws?id=292167 The Tribunal granted the Resolution Professional's application to exclude 22 days from the CIRP timeline under the IBC, 2016. This decision aimed to facilitate the evaluation and approval of Resolution Plans by the CoC, preventing liquidation of the Corporate Debtor. The Tribunal emphasized timely resolution, asset value maximization, and stakeholder interest protection, aligning with IBC objectives. en-us Tue, 28 Jan 2020 00:00:00 +0530 Wed, 13 Nov 2024 12:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=292167 The Tribunal granted the Resolution Professional's application to exclude 22 days from the CIRP timeline under the IBC, 2016. This decision aimed to facilitate the evaluation and approval of Resolution Plans by the CoC, preventing liquidation of the Corporate Debtor. The Tribunal emphasized timely resolution, asset value maximization, and stakeholder interest protection, aligning with IBC objectives. Case-Laws IBC Tue, 28 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=292167