Where an application is not disposed of or order is not passed within the period specified in this Code, the Debt Recovery Tribunal or the Debt Recovery Appellate Tribunal, as the case may be, shall record the reasons for not doing so within the period so specified;
and the Chairperson of the Debt Recovery Appellate Tribunal, after taking into account the reasons so recorded, extend the period specified in this Code, but not exceeding ten days.
Insolvency and Bankruptcy Code 2016
Section 181 Appeal to Debt Recovery Appellate Tribunal
Section 182 Appeal to Supreme Court
Section 183 Expeditious disposal of applications
Section 184 Punishment for false information, etc., by creditor in insolvency resolution process
Section 185 Punishment for contravention of provisions
Section 186 Punishment for false information, concealment, etc., by bankrupt
Section 187 Punishment for certain actions
Section 188 Establishment and incorporation of Board