Exclusion of period of lockdown
Regulation 47AofInsolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016
136[Exclusion of period of lockdown Subject to the provisions of the Code, the period of lockdown imposed by the Central Government in the wake of Covid-19 outbreak shall not be counted for the purposes of computation of the time-line for any task that could not be completed due to such lockdown, in relation to any liquidation process.]