NCLT Judgement on Section 12, 12(2), 12(3) of the Insolvency and Bankruptcy Code, 2016 and Regulation 40, 40(C)of the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulation, 2016

 

 

 

 

NAME

MOBILE NO.

E-MAIL I’D

RANJEET KUMAR

8383098478, 9667769795

rk@courtkutchehry.com

JAI THAKUR

8130703334, 9355723300

jai.thakur@courtkutchehry.com

RAJEEV RANJAN

9334553249

rajiv.ranjan@courtkutchehry.com

ASHOK MISHRA

9718327746

sales@courtkutchehry.com

RAVI KUMAR


ravi.singh@courtkutchehry.com

Kumud Mishra Vs. Reverse Logistics Company Pvt. Ltd., (2020) 08 NCLT CK 0012

NCLT allowed the application filed by the applicant/Resolution Professional under Section 12(2)of IB Code, 2016 read with Regulation 40 of IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016, seeking extension of CIRP Process fora further period. While allowing the application NCLT held that the Application is accordingly allowed directing the Resolution Applicant to complete the CIRP within a period of 90 days from the order date.

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