https://www.taxtmi.com/caselaws?id=419599 The period from 06.07.2021 to 28.02.2022 was excluded while computing the corporate insolvency resolution process period, in line with COVID-19-related directions extending limitation and excluding lockdown time for judicial and quasi-judicial proceedings. The exclusion was considered by reference to the Supreme Court's directions, the NCLAT's approach to excluding lockdown time in CIRP computation under the Insolvency and Bankruptcy Code, 2016, and Regulation 40C of the Insolvency and Bankruptcy Board of India (Resolution Process for Corporate Persons) Regulations, 2016, which provides that lockdown time is not to be counted for tasks that could not be completed due to such lockdown. en-us Thu, 03 Mar 2022 00:00:00 +0530 Wed, 16 Mar 2022 10:16:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=419599 The period from 06.07.2021 to 28.02.2022 was excluded while computing the corporate insolvency resolution process period, in line with COVID-19-related directions extending limitation and excluding lockdown time for judicial and quasi-judicial proceedings. The exclusion was considered by reference to the Supreme Court's directions, the NCLAT's approach to excluding lockdown time in CIRP computation under the Insolvency and Bankruptcy Code, 2016, and Regulation 40C of the Insolvency and Bankruptcy Board of India (Resolution Process for Corporate Persons) Regulations, 2016, which provides that lockdown time is not to be counted for tasks that could not be completed due to such lockdown. Case-Laws Insolvency and Bankruptcy Thu, 03 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=419599