The Resolution Professional of the Corporate Debtor filed an application seeking exclusion of a 33-day period from the CIRP period, specifically from 2021-12-30 to 2022-01-31. They also sought an extension of the CIRP completion period by 60 days, effective from 2022-06-13 to 2022-08-12. The application was filed under Section 12(2) of the Insolvency and Bankruptcy Code, 2016, read with Regulation 40 and 40C of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016.
The Resolution Professional, Mr. Gaurav Ashok Adukia, representing the Corporate Debtor, filed IA No. 1996/2022. The application sought the exclusion of 33 days from the CIRP period, specifically from December 30, 2021, to January 31, 2022. Additionally, the application requested a 60-day extension of the CIRP completion period, effective from June 13, 2022, to August 12, 2022. The application was made under Section 12(2) of the Insolvency and Bankruptcy Code, 2016, read with relevant regulations. The applicant's counsel appeared, while the respondent was absent. The court considered the application and the reasons stated therein.
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The Resolution Professional of the Corporate Debtor filed an application seeking exclusion of a 33-day period from the CIRP period, specifically from 2021-12-30 to 2022-01-31. They also sought an extension of the CIRP completion period by 60 days, effective from 2022-06-13 to 2022-08-12. The application was filed under Section 12(2) of the Insolvency and Bankruptcy Code, 2016, read with Regulation 40 and 40C of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016.
The Resolution Professional, Mr. Gaurav Ashok Adukia, representing the Corporate Debtor, filed IA No. 1996/2022. The application sought the exclusion of 33 days from the CIRP period, specifically from December 30, 2021, to January 31, 2022. Additionally, the application requested a 60-day extension of the CIRP completion period, effective from June 13, 2022, to August 12, 2022. The application was made under Section 12(2) of the Insolvency and Bankruptcy Code, 2016, read with relevant regulations. The applicant's counsel appeared, while the respondent was absent. The court considered the application and the reasons stated therein.
Start date of the…
End date of the 33-day…