https://www.taxtmi.com/caselaws?id=402331 The judgment granted a 90-day extension for the completion of the Insolvency Resolution Process of the Corporate Debtor, considering the impact of the COVID-19 pandemic and regulatory amendments excluding lockdown periods from the timeline calculations. The Resolution Professional's application for the extension was supported by a resolution passed in the Committee of Creditors meeting with unanimous approval. The new deadline for completion was set for December 3, 2020, taking into account the exclusion of 98 days due to lockdown periods. en-us Fri, 04 Sep 2020 00:00:00 +0530 Wed, 30 Dec 2020 11:30:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=402331 The judgment granted a 90-day extension for the completion of the Insolvency Resolution Process of the Corporate Debtor, considering the impact of the COVID-19 pandemic and regulatory amendments excluding lockdown periods from the timeline calculations. The Resolution Professional's application for the extension was supported by a resolution passed in the Committee of Creditors meeting with unanimous approval. The new deadline for completion was set for December 3, 2020, taking into account the exclusion of 98 days due to lockdown periods. Case-Laws Insolvency and Bankruptcy Fri, 04 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=402331