{"id":241177,"date":"2020-12-23T21:49:21","date_gmt":"2020-12-23T16:19:21","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=241177"},"modified":"2020-12-23T21:49:21","modified_gmt":"2020-12-23T16:19:21","slug":"central-govt-extends-the-period-for-suspension-of-initiation-of-corporate-insolvency-resolution-process-by-3-months","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2020\/12\/23\/central-govt-extends-the-period-for-suspension-of-initiation-of-corporate-insolvency-resolution-process-by-3-months\/","title":{"rendered":"Central Govt. extends the period for suspension of initiation of Corporate Insolvency Resolution Process by 3 months"},"content":{"rendered":"<p style=\"text-align: justify;\"><strong>S.O.<\/strong> <strong>4638(E)\u2014<\/strong> In exercise of the powers conferred by Section 10A of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), the Central Government hereby notifies further period of three months from the 25-12-2020, for the purposes of the said section.<\/p>\n<hr \/>\n<p><strong>Ministry of Corporate Affairs<\/strong><\/p>\n<p style=\"text-align: right;\"><strong>[Notification dt. 22-12-2020]<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>S.O. 4638(E)\u2014 In exercise of the powers conferred by Section 10A of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), the <\/p>\n","protected":false},"author":8808,"featured_media":209748,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4,1193],"tags":[20201,30361,22064,29785,41976,34729,2560,3479],"class_list":["post-241177","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legislationupdates","category-notifications","tag-central-government","tag-ibc","tag-insolvency-and-bankruptcy-code","tag-law","tag-legislation","tag-mca","tag-Ministry_of_Corporate_Affairs","tag-Notification"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.4 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Central Govt. extends the period for suspension of initiation of Corporate Insolvency Resolution Process by 3 months | SCC Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.scconline.com\/blog\/post\/2020\/12\/23\/central-govt-extends-the-period-for-suspension-of-initiation-of-corporate-insolvency-resolution-process-by-3-months\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Central Govt. extends the period for suspension of initiation of Corporate Insolvency Resolution Process by 3 months\" \/>\n<meta property=\"og:description\" content=\"S.O. 4638(E)\u2014 In exercise of the powers conferred by Section 10A of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), the\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.scconline.com\/blog\/post\/2020\/12\/23\/central-govt-extends-the-period-for-suspension-of-initiation-of-corporate-insolvency-resolution-process-by-3-months\/\" \/>\n<meta property=\"og:site_name\" content=\"SCC Times\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/scc.online\/\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-23T16:19:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/02\/MCA.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1330\" \/>\n\t<meta property=\"og:image:height\" content=\"887\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Bhumika Indulia\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Bhumika Indulia\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2020\\\/12\\\/23\\\/central-govt-extends-the-period-for-suspension-of-initiation-of-corporate-insolvency-resolution-process-by-3-months\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2020\\\/12\\\/23\\\/central-govt-extends-the-period-for-suspension-of-initiation-of-corporate-insolvency-resolution-process-by-3-months\\\/\"},\"author\":{\"name\":\"Bhumika Indulia\",\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/#\\\/schema\\\/person\\\/919ec47cc1b871b362af05740398033a\"},\"headline\":\"Central Govt. extends the period for suspension of initiation of Corporate Insolvency Resolution Process by 3 months\",\"datePublished\":\"2020-12-23T16:19:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2020\\\/12\\\/23\\\/central-govt-extends-the-period-for-suspension-of-initiation-of-corporate-insolvency-resolution-process-by-3-months\\\/\"},\"wordCount\":64,\"commentCount\":1,\"image\":{\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2020\\\/12\\\/23\\\/central-govt-extends-the-period-for-suspension-of-initiation-of-corporate-insolvency-resolution-process-by-3-months\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/wp-content\\\/uploads\\\/2019\\\/02\\\/MCA.png\",\"keywords\":[\"Central Government\",\"IBC\",\"insolvency and bankruptcy code\",\"law\",\"Legislation\",\"MCA\",\"Ministry of Corporate Affairs\",\"Notification\"],\"articleSection\":[\"Legislation Updates\",\"Notifications\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2020\\\/12\\\/23\\\/central-govt-extends-the-period-for-suspension-of-initiation-of-corporate-insolvency-resolution-process-by-3-months\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2020\\\/12\\\/23\\\/central-govt-extends-the-period-for-suspension-of-initiation-of-corporate-insolvency-resolution-process-by-3-months\\\/\",\"url\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2020\\\/12\\\/23\\\/central-govt-extends-the-period-for-suspension-of-initiation-of-corporate-insolvency-resolution-process-by-3-months\\\/\",\"name\":\"Central Govt. extends the period for suspension of initiation of Corporate Insolvency Resolution Process by 3 months | SCC Times\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2020\\\/12\\\/23\\\/central-govt-extends-the-period-for-suspension-of-initiation-of-corporate-insolvency-resolution-process-by-3-months\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2020\\\/12\\\/23\\\/central-govt-extends-the-period-for-suspension-of-initiation-of-corporate-insolvency-resolution-process-by-3-months\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/wp-content\\\/uploads\\\/2019\\\/02\\\/MCA.png\",\"datePublished\":\"2020-12-23T16:19:21+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/#\\\/schema\\\/person\\\/919ec47cc1b871b362af05740398033a\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2020\\\/12\\\/23\\\/central-govt-extends-the-period-for-suspension-of-initiation-of-corporate-insolvency-resolution-process-by-3-months\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2020\\\/12\\\/23\\\/central-govt-extends-the-period-for-suspension-of-initiation-of-corporate-insolvency-resolution-process-by-3-months\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2020\\\/12\\\/23\\\/central-govt-extends-the-period-for-suspension-of-initiation-of-corporate-insolvency-resolution-process-by-3-months\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/wp-content\\\/uploads\\\/2019\\\/02\\\/MCA.png\",\"contentUrl\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/wp-content\\\/uploads\\\/2019\\\/02\\\/MCA.png\",\"width\":1330,\"height\":887},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2020\\\/12\\\/23\\\/central-govt-extends-the-period-for-suspension-of-initiation-of-corporate-insolvency-resolution-process-by-3-months\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Central Govt. extends the period for suspension of initiation of Corporate Insolvency Resolution Process by 3 months\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/#website\",\"url\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/\",\"name\":\"SCC Times\",\"description\":\"Bringing you the Best Analytical Legal News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/#\\\/schema\\\/person\\\/919ec47cc1b871b362af05740398033a\",\"name\":\"Bhumika Indulia\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/84c1b51748d0297cf12e5a898eccb7bd3eb5f0ab4ae8e275e2e65c4c83f84740?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/84c1b51748d0297cf12e5a898eccb7bd3eb5f0ab4ae8e275e2e65c4c83f84740?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/84c1b51748d0297cf12e5a898eccb7bd3eb5f0ab4ae8e275e2e65c4c83f84740?s=96&d=mm&r=g\",\"caption\":\"Bhumika Indulia\"},\"url\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/author\\\/editor_1\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Central Govt. extends the period for suspension of initiation of Corporate Insolvency Resolution Process by 3 months | SCC Times","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.scconline.com\/blog\/post\/2020\/12\/23\/central-govt-extends-the-period-for-suspension-of-initiation-of-corporate-insolvency-resolution-process-by-3-months\/","og_locale":"en_US","og_type":"article","og_title":"Central Govt. extends the period for suspension of initiation of Corporate Insolvency Resolution Process by 3 months","og_description":"S.O. 4638(E)\u2014 In exercise of the powers conferred by Section 10A of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), the","og_url":"https:\/\/www.scconline.com\/blog\/post\/2020\/12\/23\/central-govt-extends-the-period-for-suspension-of-initiation-of-corporate-insolvency-resolution-process-by-3-months\/","og_site_name":"SCC Times","article_publisher":"https:\/\/www.facebook.com\/scc.online\/","article_published_time":"2020-12-23T16:19:21+00:00","og_image":[{"width":1330,"height":887,"url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/02\/MCA.png","type":"image\/png"}],"author":"Bhumika Indulia","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Bhumika Indulia"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.scconline.com\/blog\/post\/2020\/12\/23\/central-govt-extends-the-period-for-suspension-of-initiation-of-corporate-insolvency-resolution-process-by-3-months\/#article","isPartOf":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2020\/12\/23\/central-govt-extends-the-period-for-suspension-of-initiation-of-corporate-insolvency-resolution-process-by-3-months\/"},"author":{"name":"Bhumika Indulia","@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/919ec47cc1b871b362af05740398033a"},"headline":"Central Govt. extends the period for suspension of initiation of Corporate Insolvency Resolution Process by 3 months","datePublished":"2020-12-23T16:19:21+00:00","mainEntityOfPage":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2020\/12\/23\/central-govt-extends-the-period-for-suspension-of-initiation-of-corporate-insolvency-resolution-process-by-3-months\/"},"wordCount":64,"commentCount":1,"image":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2020\/12\/23\/central-govt-extends-the-period-for-suspension-of-initiation-of-corporate-insolvency-resolution-process-by-3-months\/#primaryimage"},"thumbnailUrl":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/02\/MCA.png","keywords":["Central Government","IBC","insolvency and bankruptcy code","law","Legislation","MCA","Ministry of Corporate Affairs","Notification"],"articleSection":["Legislation Updates","Notifications"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.scconline.com\/blog\/post\/2020\/12\/23\/central-govt-extends-the-period-for-suspension-of-initiation-of-corporate-insolvency-resolution-process-by-3-months\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.scconline.com\/blog\/post\/2020\/12\/23\/central-govt-extends-the-period-for-suspension-of-initiation-of-corporate-insolvency-resolution-process-by-3-months\/","url":"https:\/\/www.scconline.com\/blog\/post\/2020\/12\/23\/central-govt-extends-the-period-for-suspension-of-initiation-of-corporate-insolvency-resolution-process-by-3-months\/","name":"Central Govt. extends the period for suspension of initiation of Corporate Insolvency Resolution Process by 3 months | SCC Times","isPartOf":{"@id":"https:\/\/www.scconline.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2020\/12\/23\/central-govt-extends-the-period-for-suspension-of-initiation-of-corporate-insolvency-resolution-process-by-3-months\/#primaryimage"},"image":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2020\/12\/23\/central-govt-extends-the-period-for-suspension-of-initiation-of-corporate-insolvency-resolution-process-by-3-months\/#primaryimage"},"thumbnailUrl":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/02\/MCA.png","datePublished":"2020-12-23T16:19:21+00:00","author":{"@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/919ec47cc1b871b362af05740398033a"},"breadcrumb":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2020\/12\/23\/central-govt-extends-the-period-for-suspension-of-initiation-of-corporate-insolvency-resolution-process-by-3-months\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.scconline.com\/blog\/post\/2020\/12\/23\/central-govt-extends-the-period-for-suspension-of-initiation-of-corporate-insolvency-resolution-process-by-3-months\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.scconline.com\/blog\/post\/2020\/12\/23\/central-govt-extends-the-period-for-suspension-of-initiation-of-corporate-insolvency-resolution-process-by-3-months\/#primaryimage","url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/02\/MCA.png","contentUrl":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/02\/MCA.png","width":1330,"height":887},{"@type":"BreadcrumbList","@id":"https:\/\/www.scconline.com\/blog\/post\/2020\/12\/23\/central-govt-extends-the-period-for-suspension-of-initiation-of-corporate-insolvency-resolution-process-by-3-months\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.scconline.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Central Govt. extends the period for suspension of initiation of Corporate Insolvency Resolution Process by 3 months"}]},{"@type":"WebSite","@id":"https:\/\/www.scconline.com\/blog\/#website","url":"https:\/\/www.scconline.com\/blog\/","name":"SCC Times","description":"Bringing you the Best Analytical Legal News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.scconline.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/919ec47cc1b871b362af05740398033a","name":"Bhumika Indulia","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/84c1b51748d0297cf12e5a898eccb7bd3eb5f0ab4ae8e275e2e65c4c83f84740?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/84c1b51748d0297cf12e5a898eccb7bd3eb5f0ab4ae8e275e2e65c4c83f84740?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/84c1b51748d0297cf12e5a898eccb7bd3eb5f0ab4ae8e275e2e65c4c83f84740?s=96&d=mm&r=g","caption":"Bhumika Indulia"},"url":"https:\/\/www.scconline.com\/blog\/post\/author\/editor_1\/"}]}},"jetpack_featured_media_url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/02\/MCA.png","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/241177","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/users\/8808"}],"replies":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/comments?post=241177"}],"version-history":[{"count":0,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/241177\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media\/209748"}],"wp:attachment":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media?parent=241177"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/categories?post=241177"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/tags?post=241177"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}