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IBC - Highlights / Catch Notes

Home Highlights July 2019 Year 2019 This

Exclusion of certain period from CIRP - revival of mining lease ...

July 30, 2019

Case Laws     Insolvency and Bankruptcy     Tri

Exclusion of certain period from CIRP - revival of mining lease - Mere delay in passing revival order by issuing GO for revival of the Leases. It cannot be said that Prospective Resolution Applicants are not able to file resolution plan with RP on that ground alone. - Till date no one came forward to file Resolution plan for the corporate debtor - no grounds to exclude the time as prayed.

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