2018 (5) TMI 1982

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..... n 29A of Insolvency Bankruptcy Code, 2016 (hereinafter referred to as I B Code )? and ii) In the facts and circumstances of a case, if the Adjudicating Authority delays to take up a Resolution Plan, for one or other reason, whether such period should be excluded for the purpose of counting the total period of 180 or 270 days.? Post the appeal for admission on 18th May, 2018. - Company .....

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..... r reason, whether such period should be excluded for the purpose of counting the total period of 180 or 270 days.? Post the appeal for admission on 18th May, 2018. During the pendency of the appeal, Liquidator/the Adjudicating Authority may proceed with the liquidation proceeding but will not sell the movable or immovable property of the Company nor confirm sale, if already made, without p .....

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