https://www.taxtmi.com/caselaws?id=424642 The Tribunal allowed the exclusion of 147 days from the Corporate Insolvency Resolution Process (CIRP) period of 180 days due to non-cooperation by suspended directors and management of the corporate debtor. This exclusion aimed to facilitate the Resolution Professional in completing the CIRP effectively. The Resolution Professional was directed to expedite the process and submit quarterly status reports. The interlocutory application was granted without costs, with the order served to relevant parties for further action. en-us Mon, 20 Jun 2022 00:00:00 +0530 Tue, 05 Jul 2022 15:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=424642 The Tribunal allowed the exclusion of 147 days from the Corporate Insolvency Resolution Process (CIRP) period of 180 days due to non-cooperation by suspended directors and management of the corporate debtor. This exclusion aimed to facilitate the Resolution Professional in completing the CIRP effectively. The Resolution Professional was directed to expedite the process and submit quarterly status reports. The interlocutory application was granted without costs, with the order served to relevant parties for further action. Case-Laws Insolvency and Bankruptcy Mon, 20 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=424642