2018 (1) TMI 1655

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....AL) For the Petitioner : Mr. Pradeep Dahiya, Advocate ORDER This is an application which has been filed by the Insolvency Resolution Professional (IRP). Prior to the appointment of the present IRP at the time of admission of the insolvency petition as filed the Operational Creditor was admitted by the Hon'ble Principal Bench vide order dated 03.05.2017 and one Mr. Ashwani Kumar was appoint....

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....e same was reserved and order in the application was pronounced on 16.1.2018. In the circumstances, it is represented by the present RP that the present application has been necessitated in view of the fact that 90 days period is also expiring on 28.1.2018 and has sought for further extension of period by 90 days to be calculated from the date of the pronouncement of order i.e. 16.01.2018. However....