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Creditors Committee Seeks 90-Day Extension for CIRP to Attract More Bidders for Debtor's Revival.
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....Extension of CIRP period for a further period of 90 day - the intention of the Committee of Creditors to invite fresh Expression of Interest to enable more bonafide resolution applicants to bid for the revival of the Corporate Debtor seems to be reasonable, the request of Resolution Professional to extend the CIRP period for a further period of 90 days is justifiable. - Tri....