How the period of 180 days is to be counted for CIRP i.e. from the date of admission, as per the provisions of the Code or from the date of knowledge of the Resolution Professional(RP)? If there is a gap between knowledge of RP and the actual date of admission, then how such period is to be treated? Whether such period should be excluded for the purpose of counting the period of 180 days or additional time is to be allowed beyond 180 days for completing the Resolution Process? – Velamur Varadan Anand Vs. Union Bank of India & Anr. – NCLAT New Delhi

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