https://www.taxtmi.com/acts?id=54062 The creditor-initiated insolvency resolution process must be completed within one hundred and fifty days from the commencement date, subject to a single extension of not more than forty-five days on application by the resolution professional with committee of creditors approval by at least sixty-six per cent voting share. If no resolution plan is approved within the original or extended period, the Adjudicating Authority must pass an order under section 58H(1). en-us Thu, 09 Apr 2026 10:31:43 +0530 Thu, 09 Apr 2026 17:02:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=54062 The creditor-initiated insolvency resolution process must be completed within one hundred and fifty days from the commencement date, subject to a single extension of not more than forty-five days on application by the resolution professional with committee of creditors approval by at least sixty-six per cent voting share. If no resolution plan is approved within the original or extended period, the Adjudicating Authority must pass an order under section 58H(1). Act-Rules IBC Thu, 09 Apr 2026 10:31:43 +0530 https://www.taxtmi.com/acts?id=54062