https://www.taxtmi.com/caselaws?id=418876 The Adjudicating Authority granted the Applicant liberty to approach the Hon'ble Apex Court for any further extension or modification of the order dated 20.10.2021 regarding the extension of time to remove assets from the premises of Respondents. The disagreement between the Liquidator and the Committee of Creditors on funding shifting expenses led to the Liquidator's inability to seek contributions for liquidation expenses, necessitating the request for an extension of time. The Authority emphasized the need for the Liquidator to seek any extensions or modifications from the Hon'ble Apex Court and disposed of the Application accordingly. en-us Wed, 16 Feb 2022 00:00:00 +0530 Sat, 26 Feb 2022 05:59:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=418876 The Adjudicating Authority granted the Applicant liberty to approach the Hon'ble Apex Court for any further extension or modification of the order dated 20.10.2021 regarding the extension of time to remove assets from the premises of Respondents. The disagreement between the Liquidator and the Committee of Creditors on funding shifting expenses led to the Liquidator's inability to seek contributions for liquidation expenses, necessitating the request for an extension of time. The Authority emphasized the need for the Liquidator to seek any extensions or modifications from the Hon'ble Apex Court and disposed of the Application accordingly. Case-Laws Insolvency and Bankruptcy Wed, 16 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=418876