TMI BlogTime-limit for completion of insolvency resolution process.X X X X Extracts X X X X X X X X Extracts X X X X ..... ghty days from the date of admission of the application to initiate such process. (2) The resolution professional shall file an application to the Adjudicating Authority to extend the period of the corporate insolvency resolution process beyond one hundred and eighty days, if instructed to do so by a resolution passed at a meeting of the committee of creditors by a vote of 1 [ sixty-six ] pe ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of the period of corporate insolvency resolution process granted under this section and the time taken in legal proceedings in relation to such resolution process of the corporate debtor: Provided also that where the insolvency resolution process of a corporate debtor is pending and has not been completed within the period referred to in the second proviso, such resolution process shall b ..... X X X X Extracts X X X X X X X X Extracts X X X X
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