https://www.taxtmi.com/caselaws?id=413760 Pandemic-related lockdown and restriction periods affecting insolvency proceedings may be excluded from the corporate insolvency resolution process period where the request is bona fide and supported by relevant government restrictions and higher-court limitation orders. Time spent on confirmation and replacement of the resolution professional, and the period sought for extension of Form G, remains part of the corporate insolvency resolution process period and is not excluded on that basis. The application was therefore allowed only to the extent of excluding the COVID-19 restriction periods, with the remaining exclusion claims rejected. en-us Thu, 29 Jul 2021 00:00:00 +0530 Wed, 20 Oct 2021 09:11:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=413760 Pandemic-related lockdown and restriction periods affecting insolvency proceedings may be excluded from the corporate insolvency resolution process period where the request is bona fide and supported by relevant government restrictions and higher-court limitation orders. Time spent on confirmation and replacement of the resolution professional, and the period sought for extension of Form G, remains part of the corporate insolvency resolution process period and is not excluded on that basis. The application was therefore allowed only to the extent of excluding the COVID-19 restriction periods, with the remaining exclusion claims rejected. Case-Laws Insolvency and Bankruptcy Thu, 29 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=413760