https://www.taxtmi.com/manuals?id=3125 The fast track corporate insolvency resolution process must be completed within a prescribed period from commencement; the committee of creditors may, by supermajority instruction, direct the resolution professional to seek an extension from the Adjudicating Authority. The resolution professional must file the committee approved resolution plan within a pre expiry window, and the Adjudicating Authority may grant a single limited extension if satisfied completion is impracticable. Failure to receive or approval of a compliant plan within the permitted period leads to initiation of liquidation and statutory notification. en-us Mon, 28 Aug 2023 17:42:00 +0530 Fri, 08 Dec 2023 15:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=3125 The fast track corporate insolvency resolution process must be completed within a prescribed period from commencement; the committee of creditors may, by supermajority instruction, direct the resolution professional to seek an extension from the Adjudicating Authority. The resolution professional must file the committee approved resolution plan within a pre expiry window, and the Adjudicating Authority may grant a single limited extension if satisfied completion is impracticable. Failure to receive or approval of a compliant plan within the permitted period leads to initiation of liquidation and statutory notification. Manuals IBC Mon, 28 Aug 2023 17:42:00 +0530 https://www.taxtmi.com/manuals?id=3125