CIRP Period definition

CIRP Period means the period of one hundred eighty days from the date of admission of the Corporate Insolvency Resolution Process application by the Adjudicating Authority or as extended subject to approval by the COC and Adjudicating Authority.

CIRP Period means the period of one hundred and eighty days from the date of admission of the application of corporate insolvency resolution process by the Adjudicating Authority being 30 September 2018 or any future date as per order by the Adjudicating Authority.

CIRP Period means the period of one hundred eighty days from the 28th Feb 2020 or as extended subject to approval by the CoC and Adjudicating Authority. However, the period of 28th February, 2020 to 4th April 2021 has been allowed as excluded by the Hon’ble NCLT as such period of 180 days shall be counted from 5th April 2021 for the purposes of timelines. Further, the members of Committee of Creditors (“COC”) in their first meeting held on 23.05.2021 through video conferencing mode confirmed vide e-voting the appointment of Shiv Nandan Sharma, as Resolution Professional (“RP”). The Resolution Professional has filed an application in this regard before the Hon’ble NCLT, New Delhi Bench II. The members of COC through RP are in the process of identifying a prospective Resolution Applicant(s) for Corporate Debtor.

Examples of CIRP Period in a sentence

• During the CIRP Period, the management of the Corporate Debtor shall vest in the IRP or, as the case may be, the RP in terms of section 17 of the IBC.

• During the CIRP Period, the management of the Corporate Debtor shall vest in the IRP or the RP in terms of section 17 of the IBC.

• The IRP shall carry out functions as contemplated by Sections 15,17,18,19,20,21 of the IBC.(g) During the CIRP Period, the management of the Corporate Debtor shall vest in the IRP or, as the case may be, the RP in terms of section 17 of the IBC.

• The Resolution Professional will provide estimate of the insolvency resolution process costs till the end of the CIRP Period.

• During the CIRP Period, the management of the CD shall vest in the IRP or, as the case may be, the RP in terms of section 17 of the IBC.

More Definitions of CIRP Period

CIRP Period means the period of 270 (two hundred and seventy) days from August 7, 2017 in accordance with the provisions of the IBC;

CIRP Period means the period of one hundred eighty days from the date of admission of the corporate insolvency resolution process application by the Adjudicating Authority being 26 November 2017, as extended till 24 February 2018 or as maybe further extended subject to approval of the CoC and the Adjudicating Authority or any other court or tribunal.

CIRP Period means the period of 180 days from the Insolvency Commencement Date being June 20th, 2018 in accordance with the provisions of the IBC or an extended period permitted by NCLT, if any.

CIRP Period means the period of one hundred and eighty days from the date of admission of the application of corporate insolvency resolution process by the Adjudicating Authority being 13 June 2018 which is expiring on 10 December 2018 and further extension, if any.

CIRP Period means the period of one hundred eighty days from the date of admission of the CorporateInsolvencyResolutionProcessapplicationbytheAdjudicatingAuthorityorasextendedsu

CIRP Period means the period of one hundred and eighty days from the date of admission of the application of corporate insolvency resolution process by the Adjudicating Authority being 22 July 2019, or any extended period as may be approved by the Adjudicating Authority.

CIRP Period means the period of one hundred and eighty days from 5th March 2019 being the date of publication of order on the NCLT website i.e. 1st September, 2019 or as may be extended in accordance with the Applicable Laws.