No application was allowed to be filed for initiation of Corporate Insolvency Resolution Process against a corporate debtor for any default arising on or after 25th March, 2020 for a period of Six months i.e. 25th September, 2020. Vide notification no. S.O. 3265(E) on 24/09/2020, MCA has extended this time period for further 3 months from 25th September, 2020 i.e. till 25th December, 2020.
The said Notification can be accessed through the following link: MCA_Notif_S.O.3265(E)_24.09.2020_Sec 10A of IBC 2016