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2020 (9) TMI 1193 - NATIONAL COMPANY LAW TRIBUNAL, KOCHI BENCHSeeking extension of time period of Corporate Insolvency Resolution Process - Section 40(2) of CIRP Regulation and as per Section 12(2) of IBC 2016 - HELD THAT:- On going through the pleadings on record as also the minutes of the 6th COC meeting held on 15.9.2020 in which a resolution was passed to file application under Section 40(2) of CIRP Regulation and as per Section 12(2) of IBC 2016 for a time period extension of 30 days with effect from 13.9.2020 so as to consider and evaluate the revised Resolution plan. The prayer for extension of Corporate Insolvency Resolution Process period for extension of 30 days with effect from 13.09.2020 is allowed - Application allowed.
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