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2019 (9) TMI 1098 - SCH - Insolvency and BankruptcyFailure of Resolution plan - non-fulfillment of the commitment by Liberty House - completion of resolution plan within 90 days - Section 12 of the Insolvency and Bankruptcy Code, 2016 - HELD THAT:- We permit the Resolution Professional to invite fresh offers within a period of 21 days. Let steps be taken by the Resolution Professional by tomorrow i.e. by 25.09.2019 for invitation of the fresh offers in accordance with the rules. Within 2 weeks thereafter, the Committee of Creditors shall take a final call in the matter and the decision of the Committee of Creditors and the offers received be placed before this Court on the next date of hearing for consideration. List the matter on 05.11.2019.
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