TaxTMI 
TaxTMI 
2021 (2) TMI 439
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....excluding the lockdown period. 2. It is submitted that the CIRP proceedings were initiated against the corporate debtor i.e. Jaycon Infrastructure Ltd. on 07.10.2019 when CP (IB) No.218/Chd/CHd/2018 was admitted and IRP was appointed to conduct the CIRP. Initially the IRP and thereafter the RP took all necessary steps for resolution of the corporate debtor. The period of 180 days was to be expired on 03.04.2020. However, in view of the intervening lockdown the resolution could not be completed within 180 days. Hence the IA. 3. The Committee of Creditors of the Corporate Debtor vide its 6th CoC meeting held on 25.06.2020 resolved to seek for extension of the CIRP period, in view of the ample chances of resolution of the Corporate Debtor, a....
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....ourts for being communicated to all subordinate Courts/Tribunals within their respective jurisdiction. Issue notice to all the Registrars General of the High Courts, returnable in four weeks." 5. The Hon'ble National Company Law Appellate Tribunal in Suo Moto-Company Appeal (AT) (Insolvency) No.01 of 2020. Vide order dated 30.03.2020, observed as under:- "Upon requests for urgent listing of cases having been made telephonically to Registrar of this Appellate Tribunal from various persons, who were unable to physically file the same on account of complete lockdown declared by Government with effect from 25th March, 2020, we take suo moto cognizance of the unprecedented situation arising out of spread of COVID19 virus declared a pand....
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.... Process' has been initiated and pending before any Bench of the National Company Law Tribunal or in Appeal before this Appellate Tribunal. (2) It is further ordered that any interim order/ stay order passed by this Appellate Tribunal in anyone or the other Appeal under Insolvency and Bankruptcy Code, 2016 shall continue till next date of hearing, which may be notified later. A copy of this order be communicated to Registrar of National Company Law Tribunal, New Delhi with a request to circulate the same to all Benches of NCLT across the country including the Principal Bench based at Delhi. A copy of this order be also communicated to Secretary, Ministry of Corporate Affair, New Delhi for information and compliance by various Auth....