https://www.taxtmi.com/caselaws?id=292918 The Corporate Insolvency Resolution Process may be extended beyond the ordinary 330-day outer limit in exceptional cases where a short further period is likely to facilitate finalisation of a resolution plan and avoid liquidation, particularly when delay is not attributable to the parties and extension serves stakeholder interests. Applying that framework, the process period was extended by 60 days from 01.01.2020 and the application was allowed. en-us Tue, 07 Jan 2020 00:00:00 +0530 Tue, 12 Jan 2021 21:16:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=292918 The Corporate Insolvency Resolution Process may be extended beyond the ordinary 330-day outer limit in exceptional cases where a short further period is likely to facilitate finalisation of a resolution plan and avoid liquidation, particularly when delay is not attributable to the parties and extension serves stakeholder interests. Applying that framework, the process period was extended by 60 days from 01.01.2020 and the application was allowed. Case-Laws Insolvency and Bankruptcy Tue, 07 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=292918