https://www.taxtmi.com/caselaws?id=293242 The Tribunal granted Jawaharlal Nehru Port Trust (JNPT) a 30-day extension to file an affidavit regarding modifications in the resolution plan. JNPT, a Government of India undertaking, needed time for internal approvals and to assess financial implications. Failure to comply within the extended timeline would lead to a liquidation order under section 33 of the Insolvency and Bankruptcy Code, 2016. The Resolution Professional would oversee operations until the next hearing on July 2, 2019. en-us Mon, 27 May 2019 00:00:00 +0530 Tue, 02 Feb 2021 14:00:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=293242 The Tribunal granted Jawaharlal Nehru Port Trust (JNPT) a 30-day extension to file an affidavit regarding modifications in the resolution plan. JNPT, a Government of India undertaking, needed time for internal approvals and to assess financial implications. Failure to comply within the extended timeline would lead to a liquidation order under section 33 of the Insolvency and Bankruptcy Code, 2016. The Resolution Professional would oversee operations until the next hearing on July 2, 2019. Case-Laws Insolvency and Bankruptcy Mon, 27 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=293242