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      Question

      Under the Insolvency and Bankruptcy Code (IBC), what is

      the maximum time limit (including extensions) for completing the Corporate Insolvency Resolution Process (CIRP)?Β 
      A 90 days Correct Answer Incorrect Answer
      B 180 days Correct Answer Incorrect Answer
      C 270 days Correct Answer Incorrect Answer
      D 330 days Correct Answer Incorrect Answer
      E 450 days Correct Answer Incorrect Answer

      Solution

      While the initial period is 180 days, the absolute mandatory timeframe for completion, including any litigation or extensions, is 330 days.

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