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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)? 
    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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