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2021 (6) TMI 278 - Tri - Insolvency and BankruptcySeeking exclusion from CIRP Period - applicant's contention is that the CIRP of Corporate Debtor can end after the submission of Resolution Plan by applicant and its consideration by CoC - HELD THAT:- The period granted has been expired on 4th May, 2021 and that even though more than three weeks expired thereafter, the applicant has not filed the Resolution Plan. When this was brought to the notice of the learned counsel appearing for the applicant, she has stated that at least a short time may be granted to submit the Resolution Plan. The learned counsel for the Resolution Professional stated that if a short period is granted by this Tribunal, the Resolution Professional is ready to accept the Resolution Plan, so that he can place the same before the CoC for its consideration. In view of the fact that more than one month has already availed by the applicant to submit the Resolution Plan, with the mutual consent of the parties, this I.A is disposed of with a direction to the applicant to submit the Resolution Plan within one week from the date of receipt of this order - Application disposed off.
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