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Delay in Government Order Doesn't Justify Excluding Time from CIRP Without Resolution Plans Filed for Corporate Debtor.

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Full Text of the Document

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....Exclusion of certain period from CIRP - revival of mining lease - Mere delay in passing revival order by issuing GO for revival of the Leases. It cannot be said that Prospective Resolution Applicants are not able to file resolution plan with RP on that ground alone. - Till date no one came forward to file Resolution plan for the corporate debtor - no grounds to exclude the time as prayed.....

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