9911796707
TMI Blog2021 (6) TMI 575X X X X Extracts X X X X X X X X Extracts X X X X ..... 020 till date of this application i.e., 29.09.2020 is excluded from the time frame of 270 (180+90) days of the Corporate Insolvency Resolution Process period. Relief as sought is allowed - application allowed. - IA No. 228/CB/2020 and TP No. 36/CTB/2019 - - - Dated:- 9-6-2021 - Sucharitha R., Member (J) And Satya Ranjan Prasad, Member (T) For the Appellant : Dabadatta Mohapatra and Sur ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of the Corporate Insolvency Resolution Process (CIRP) of the Corporate Debtor; (c) Pass necessary orders confirming the exclusion of any further period of lockdown and shutdown from the CIRP period, if the Government of India or the Government of Odisha, decide to extend the lockdown beyond 31.08.2020; (d) Pass necessary order for excluding weekend shutdown to be declared for the month ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Order dated 27.02.2020 had extended the Corporate Insolvency Resolution Process for 90 days commencing from 02.03.2020 to 31.05.2020. However, the Corporate Insolvency Resolution Process could not be completed due to the unprecedented circumstances arose out of COVID - 19 pandemic and nationwide total lockdowns. 3. The applicant submits that the NCLT had permitted exclusion of the period from ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... fs sought in IA No. 277/CB/2020 connected with TP No. 36/CTB/2019 arising out of CP (IB) No. 1292/KB/2019 are same as sought in this IA No. 228/CB/2020. In view of the same, IA No. 277/CB/2020 connected with TP No. 36/CTB/2019 arising out of CP (IB) No. 1292/KB/2019 is CLOSED. 6. Accordingly, IA No. 228/CB/2020 connected with TP No. 36/CTB/2019 arising out of CP (IB) No. 1292/KB/2019 is ALLOWED ..... X X X X Extracts X X X X X X X X Extracts X X X X
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