The application IA(IBC)/777(KB)2022 was filed by the Resolution Professional (RP) of Advance Multisystem Broadband Communications Limited, the Corporate Debtor, under sections 54 and 60(5) of the Insolvency & Bankruptcy Code, 2016, read with rule 11 of the NCLT Rules, 2016, and regulation 45 of the IBBI (Liquidation Process) Regulations, 2016. The RP sought three main reliefs: exclusion of 400 days from the 270-day calculation of the Corporate Insolvency Resolution Process (CIRP), dissolution of the Corporate Debtor under Section 54 of the Code, and any other orders deemed fit and proper by the Adjudicating Authority. The CIRP against the Corporate Debtor was initiated on September 30, 2019, with Mr. Kuldeep Verma appointed as the Interim Resolution Professional

The application IA(IBC)/777(KB)2022 was filed by the Resolution Professional (RP) of Advance Multisystem Broadband Communications Limited, the Corporate Debtor, under sections 54 and 60(5) of the Insolvency & Bankruptcy Code, 2016, read with rule 11 of the NCLT Rules, 2016, and regulation 45 of the IBBI (Liquidation Process) Regulations, 2016. The RP sought three main reliefs: exclusion of 400 days from the 270-day calculation of the Corporate Insolvency Resolution Process (CIRP), dissolution of the Corporate Debtor under Section 54 of the Code, and any other orders deemed fit and proper by the Adjudicating Authority. The CIRP against the Corporate Debtor was initiated on September 30, 2019, with Mr. Kuldeep Verma appointed as the Interim Resolution Professional