2020 (1) TMI 1491

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..... Babu Gautam, Member (Technical) ORDER 1. This is an Application filed before this Tribunal by Resolution Professional of the Corporate Debtor presently undergoing Corporate Insolvency Resolution Profess (CIRP) under the Insolvency and Bankruptcy Code, 2016. The applicant is seeking relief of extension of CIRP period by 90 days as permitted by Section 12(3) of Insolvency and Bankruptcy Code, 201 .....

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..... ht for, on the strength of resolution passed by the COC with 99.214% voting in its meeting, is granted as the same is inconsonance with section 12(2) of the Code and therefore, fulfils the requisite condition for extension of CIRP period. 5. Accordingly, the CIRP period is hereby extended by 90 days and therefor the CIRP will come to an end on 24.01.2020. 6. Miscellaneous Application 3305/2019 i .....

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