2018 (1) TMI 1522 - Tri - Insolvency and Bankruptcy

Extension of duration of CIRP process - HELD THAT - This Authority is satisfied there shall be extension of CIRP process for a period of 90 days beyond 180 days - application disposed off.

Summary

The National Company Law Tribunal, Ahmedabad granted an extension of 90 days beyond the initial 180 days for the Corporate Insolvency Resolution Process (CIRP) based on the resolution in the Fifth meeting of the Committee of Creditors (COC). The application was disposed of accordingly. (Citation: 2018 (1) TMI 1522 - National Company Law Tribunal, Ahmedabad)