796-Day Delay in Filing Claim Denied as Liquidator Adheres to IBC 2016 One-Year Timeframe for Liquidation Process.

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....Condonation of delay of 796 days delay in filing the claim before the Liquidator - In view of the IBC, 2016 being a time bound process as well as the Learned Liquidator being under a compulsion to complete the liquidation process within a period of one year from the date of commencement of liquidation, the application is dismissed. - Tri....