https://www.taxtmi.com/caselaws?id=297578 The Tribunal granted an extension of 90 days to the Corporate Insolvency Resolution Process (CIRP) period beyond the initial 180 days in CA(IB) No. 1065/KB/2019, acknowledging the need for more time to complete the resolution process effectively. In CA(IB) No. 1062/KB/2019, the Tribunal allowed the re-consideration of an Operational Creditor's claim, directing the Resolution Professional (RP) to reassess the claim in accordance with the Code and Regulations. Customs Authorities' defective application in CA(IB) No. 575 & 891/KB/2019 required rectification, with further proceedings scheduled to ensure compliance with procedural requirements. en-us Mon, 26 Aug 2019 00:00:00 +0530 Fri, 10 Sep 2021 21:01:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=297578 The Tribunal granted an extension of 90 days to the Corporate Insolvency Resolution Process (CIRP) period beyond the initial 180 days in CA(IB) No. 1065/KB/2019, acknowledging the need for more time to complete the resolution process effectively. In CA(IB) No. 1062/KB/2019, the Tribunal allowed the re-consideration of an Operational Creditor's claim, directing the Resolution Professional (RP) to reassess the claim in accordance with the Code and Regulations. Customs Authorities' defective application in CA(IB) No. 575 & 891/KB/2019 required rectification, with further proceedings scheduled to ensure compliance with procedural requirements. Case-Laws Insolvency and Bankruptcy Mon, 26 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=297578