Question

The Fast Track CIRP completion period can be extended by a resolution passed at a meeting of the committee of creditors and supported by______________

Q: Answer-The Fast Track CIRP completion period can be extended by a resolution passed at a meeting of the com...

Section 56-Time period for completion of fast-track corporate insolvency resolution process- 2 The resolution professional shall file an application to the Adjudicating Authority to extend the period of the fast-track corporate insolvency resolution process beyond ninety days if instructed to do so by a resolution passed at a meeting of the committee of creditors and supported by a vote of seventy five percent of the voting share