of land in the name of the corporate debtor. It is also stated that as the extended CIRP period was expiring on 06.10.2020, the applicant convened the 16th Meeting of the Committee of Creditors on 03.10.2020 through audio-video conferencing in view of the pandemic of COVID-19, wherein the Committee of Creditors negotiated with the prospective resolution applicants. The Resolution Professional further apprised the members of the Committee of Creditors that 330 days of the CIRP period was expiring on 06.10.2020 and discussed that the pandemic COVID-19 has affected the resolution process due to which the process has been delayed and the negotiations with the prospective resolution applicants is in progress and for completion of CIRP, more time was required for which the Resolution Professional will be required to move the requisite application for exclusion of atleast 60 days. The agenda for extension of the CIRP period was discussed by the members of the Committee of Creditors. Upon discussions and deliberations, the members of the Committee of Creditors were of the view that an extension of 45 days beyond 330 days of CIRP be sought in terms of Section 12 of the Code read with Rule 11 of the NCLT Rules. All the members of the Committee of Creditors were present in the meeting in person except Siemens Financial Services Private Limited and the resolution for extension of CIRP period by 45 days beyond 330 days was approved by the members of the Committee of Creditors with 70.822% voting share. Pursuant to this, the Resolution Professional filed an IA No.761 of 2020 seeking exclusion/extension of 45 days of CIRP period beyond 330 days. Accordingly, this Tribunal vide order dated 09.02.2022 decided and disposed of IA No.761/2020, IA No.347/2021, IA No.144/2021 and IA No.59/2022 being interrelated and interconnected and keeping in view the facts and circumstances in the applications
