Corporate Insolvency Process: Resolution Plans Submitted After Limitation But Before 270 Days Must Be Considered in 30 Days.

Initiation of CIRP - Non-consideration of resolution plan submitted after limitation but before the expiry of 270 days - the Resolution Professional and the COC should make all possible efforts towards Insolvency Resolution of a Corporate Debtor company and its liquidation can only be lost resorts - directed to consider within 30 days .....

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