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2018 (4) TMI 1824 - Tri - Insolvency and BankruptcyExtension of CIRP period - HELD THAT:- The fact that CIRP could not be taken up for nearly about 160 days because of various interim orders passed by this Authority and in view of the pendency of above said applications for adjudication, there is an urgent need to pass interim order to extend the CIRP period atleast till the next date of hearing. All the Counsels appearing for all the parties represented that it would be convenient for them to advance their arguments for final hearing of pending applications only on 15.05.2018 but not before that date. Hence, the CIRP period is extended till 15.05.2018. This Interim Order is passed extending the CIRP period till 15.05.2018, subject to the orders of the Hon 'ble NCLAT in the Appeal pending before it.
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