https://www.taxtmi.com/caselaws?id=301503 The National Company Law Appellate Tribunal expressed concern over the delay in deciding Interim Applications (IAs) in a Corporate Insolvency Resolution Process (CIRP), impacting the Appellant and other Creditors. Despite setting a three-month deadline for the Adjudicating Authority to resolve the matter, the IAs remained pending, causing further delay. The Tribunal urged the Adjudicating Authority to expedite the process and prioritize the pending IAs to address the Appellant's concerns efficiently. en-us Tue, 10 Aug 2021 00:00:00 +0530 Wed, 06 Apr 2022 22:01:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=301503 The National Company Law Appellate Tribunal expressed concern over the delay in deciding Interim Applications (IAs) in a Corporate Insolvency Resolution Process (CIRP), impacting the Appellant and other Creditors. Despite setting a three-month deadline for the Adjudicating Authority to resolve the matter, the IAs remained pending, causing further delay. The Tribunal urged the Adjudicating Authority to expedite the process and prioritize the pending IAs to address the Appellant's concerns efficiently. Case-Laws Companies Law Tue, 10 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=301503