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2020 (1) TMI 1249 - Tri - Insolvency and BankruptcyCIRP period - Exclusion of 238 days i.e. the period from 30.01.2019 to 25.09.2019 from the CIRP period for the purpose of counting the total period of the CIRP - HELD THAT:- Certain more time should be given to take the CIRP forward in its true sense and to enable RP to make all endeavour to achieve resolution of a going concern - Considering the facts of present case, a period of 90 days extension is granted from expiry of 330 days i.e. from 25.12.2019 to enable RP to expeditiously take all the steps to complete CIRP within the extended timeline and achieve resolution and save CD from liquidation. Application allowed.
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