https://www.taxtmi.com/caselaws?id=295345 The tribunal rejected the application seeking a 45-day extension for the completion of the Corporate Insolvency Resolution Process (CIRP) due to the grounds presented not justifying an extension beyond the 330-day limit, as they were not related to litigation delays. The tribunal emphasized that while extensions could be granted in exceptional cases, the general rule is that 330 days is the outer limit for the resolution process. en-us Wed, 27 Nov 2019 00:00:00 +0530 Mon, 15 Nov 2021 13:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=295345 The tribunal rejected the application seeking a 45-day extension for the completion of the Corporate Insolvency Resolution Process (CIRP) due to the grounds presented not justifying an extension beyond the 330-day limit, as they were not related to litigation delays. The tribunal emphasized that while extensions could be granted in exceptional cases, the general rule is that 330 days is the outer limit for the resolution process. Case-Laws Insolvency and Bankruptcy Wed, 27 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=295345