https://www.taxtmi.com/caselaws?id=425828 The Tribunal allowed the Applicant's late submission of Expression of Interest (EoI) to promote wider participation in the resolution process for Hindusthan National Glass & Industries Limited. The Resolution Professional was directed to assist the Applicant in filing the EoI and Resolution Plan within specific timelines. Additionally, the Tribunal granted a 90-day extension for the completion of the Corporate Insolvency Resolution Process (CIRP) to ensure an effective resolution process for the company. The judgment emphasized adherence to timelines and the objectives of the Insolvency and Bankruptcy Code while considering the interests of all stakeholders. en-us Wed, 20 Jul 2022 00:00:00 +0530 Tue, 02 Aug 2022 09:42:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425828 The Tribunal allowed the Applicant's late submission of Expression of Interest (EoI) to promote wider participation in the resolution process for Hindusthan National Glass & Industries Limited. The Resolution Professional was directed to assist the Applicant in filing the EoI and Resolution Plan within specific timelines. Additionally, the Tribunal granted a 90-day extension for the completion of the Corporate Insolvency Resolution Process (CIRP) to ensure an effective resolution process for the company. The judgment emphasized adherence to timelines and the objectives of the Insolvency and Bankruptcy Code while considering the interests of all stakeholders. Case-Laws Insolvency and Bankruptcy Wed, 20 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425828