https://www.taxtmi.com/caselaws?id=296348 The Tribunal granted a 45-day extension for the Corporate Insolvency Resolution Process due to audit delays. It condoned a 28-day delay in appointing valuers and a 21-day delay in submitting the information memorandum, acknowledging genuine reasons. The Resolution Professional was instructed to adhere to the revised timeline. The application was disposed of based on Committee of Creditors' resolutions and valid explanations for delays. en-us Wed, 21 Oct 2020 00:00:00 +0530 Thu, 15 Jul 2021 18:03:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=296348 The Tribunal granted a 45-day extension for the Corporate Insolvency Resolution Process due to audit delays. It condoned a 28-day delay in appointing valuers and a 21-day delay in submitting the information memorandum, acknowledging genuine reasons. The Resolution Professional was instructed to adhere to the revised timeline. The application was disposed of based on Committee of Creditors' resolutions and valid explanations for delays. Case-Laws Insolvency and Bankruptcy Wed, 21 Oct 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=296348