https://www.taxtmi.com/caselaws?id=404737 The Tribunal granted an extension of 90 days from the corporate insolvency resolution process (CIRP) timeline, excluding the Covid-19 lockdown period. This decision was based on statutory provisions, regulatory amendments excluding the lockdown period, and legal precedents like the Supreme Court's ruling in Committee of Creditors of Essar Steel India Ltd. v. Satish Kumar Gupta. The extension was approved to align with the resolution of stressed assets while considering the exceptional circumstances arising from the pandemic. en-us Thu, 10 Dec 2020 00:00:00 +0530 Wed, 03 Mar 2021 10:51:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=404737 The Tribunal granted an extension of 90 days from the corporate insolvency resolution process (CIRP) timeline, excluding the Covid-19 lockdown period. This decision was based on statutory provisions, regulatory amendments excluding the lockdown period, and legal precedents like the Supreme Court's ruling in Committee of Creditors of Essar Steel India Ltd. v. Satish Kumar Gupta. The extension was approved to align with the resolution of stressed assets while considering the exceptional circumstances arising from the pandemic. Case-Laws Insolvency and Bankruptcy Thu, 10 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=404737