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2022 (3) TMI 276 - Tri - Insolvency and BankruptcySeeking direction/order for extension of liquidation process of the Corporate Debtor - Seeking extension of the liquidation period by six months for the final fulfillment of its legal requirement of the assignment pending as liquidation process, due to which the applicant is not able to dissolve the Corporate Debtor as per the provisions of IBC, 2016 & IBBI (Liquidation Process) Regulations, 2016 - HELD THAT:- This bench, after taking into consideration the facts and circumstances of the present case, grants an extension of 6 months to the timeline of liquidation proceedings of the Corporate Debtor from the date of passing of this order and further directs the stakeholders to pay fee to the liquidator as prescribed in regulation 4 of the Liquidation process. Application disposed off.
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