https://www.taxtmi.com/caselaws?id=299071 The Tribunal dismissed the application for further extension of time in the Corporate Insolvency Resolution Process (CIRP) beyond 270 days, directing the Resolution Professional to complete the process within the extended period of 90 days as requested. The judgment underscores the strict adherence to statutory provisions governing CIRP timelines under the Insolvency and Bankruptcy Code, emphasizing the importance of timely resolution within the prescribed legal framework. en-us Thu, 25 Jan 2018 00:00:00 +0530 Fri, 03 Dec 2021 08:59:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=299071 The Tribunal dismissed the application for further extension of time in the Corporate Insolvency Resolution Process (CIRP) beyond 270 days, directing the Resolution Professional to complete the process within the extended period of 90 days as requested. The judgment underscores the strict adherence to statutory provisions governing CIRP timelines under the Insolvency and Bankruptcy Code, emphasizing the importance of timely resolution within the prescribed legal framework. Case-Laws Insolvency and Bankruptcy Thu, 25 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=299071