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Plea for extension of CIRP period dismissed as CoC didn't take steps for calling resolution plan

November 19, 2019[2019] 111 39 (NCL-AT)

IBC : Where in view of renewal of mining leases, which was main asset of corporate debtor, Adjudicating Authority had extended CIRP period, but CoC took no step for calling fresh resolution plan in extended period, further extension could not be allowed

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