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    <description>The Tribunal granted the applicant&#039;s request to exclude the lockdown period from the liquidation process timeframe, extending the deadline by six months due to the nationwide lockdown&#039;s impact on completing the process. The decision was supported by legal provisions and orders from the Supreme Court of India, National Company Law Appellate Tribunal, and regulations from the Insolvency and Bankruptcy Board of India, acknowledging the challenges posed by the COVID-19 pandemic on meeting statutory timelines.</description>
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