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<h1>Appeal Process Under Section 421 of Companies Act: Aggrieved Parties Can Challenge Tribunal Orders Within 45 Days, Possible Extension Allowed.</h1> Section 421 of the Companies Act, 2013, allows any person aggrieved by an order of the National Company Law Tribunal to appeal to the Appellate Tribunal. Appeals cannot be made against orders agreed upon by all parties. Appeals must be filed within 45 days of receiving the Tribunal's order, with a possible extension of another 45 days if justified. The Appellate Tribunal, after hearing the parties, can confirm, modify, or set aside the Tribunal's order. A copy of the Appellate Tribunal's decision is sent to both the Tribunal and the involved parties.