2019 (5) TMI 1684

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....Technical) For the RP: Ms. Deepti Bhardwaj, Adv For the R - 9: Mr. Mahfooz Nazki, Mr. Sanyam Saxena & Mr. J. D. Baruah, Advs For the R -3,8: Mr. Ritesh Agrawal & Tushar Jalan, Advs. ORDER CA-911(PB)/2019 This is an application for issuance of direction to exclude the period from 25.05.2018 to till date, as CA 1128(PB)/2018 filed on 25.10.2018 has still been pending wherein ex-promoters / dir....

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....n its entirety. Therefore, the COC has thought it fit to authorise the resolution professionals to move for such application. Moreover, the period of 270 days will come to an end on 1 1.05.2019 and possibility of getting a resolution plan resulting in reasonable settlement of the creditors dues is most probable. Accordingly, we find that the prayer for extension of time from 25.05.2018 to till da....