https://www.taxtmi.com/article/detailed?id=11084 The Code fixes a primary CIRP completion period of 180 days from commencement, with a single possible judicial extension not exceeding 90 days; any extension or Committee of Creditors' resolution is to be processed by the resolution professional. An outer limit of 330 days from the insolvency commencement date applies, inclusive of extensions and time in legal proceedings. Emergency measures and Regulation 40C permit exclusion of lockdown periods from CIRP timelines, and Adjudicating Authorities may exclude other justified periods or grant extensions where circumstances warrant. en-us Tue, 07 Feb 2023 10:09:42 +0530 Tue, 07 Feb 2023 10:09:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=11084 The Code fixes a primary CIRP completion period of 180 days from commencement, with a single possible judicial extension not exceeding 90 days; any extension or Committee of Creditors' resolution is to be processed by the resolution professional. An outer limit of 330 days from the insolvency commencement date applies, inclusive of extensions and time in legal proceedings. Emergency measures and Regulation 40C permit exclusion of lockdown periods from CIRP timelines, and Adjudicating Authorities may exclude other justified periods or grant extensions where circumstances warrant. Articles Corporate Laws / IBC / SEBI Tue, 07 Feb 2023 10:09:42 +0530 https://www.taxtmi.com/article/detailed?id=11084