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of <h1>Civil appeal dismissed for late filing under Section 62 of Insolvency and Bankruptcy Code 2016</h1> <h3>PEC Ltd Versus M/s Phulchand Exports Private Limited</h3> The SC dismissed a civil appeal due to a 21-day delay in filing under Section 62 of the Insolvency and Bankruptcy Code 2016, exceeding the condonable ... Condonation of delay of 21 days in filing appeal - time limitation - initiation of CIRP - HELD THAT:- There is a delay of 21 days in filing the appeal under Section 62 of the Insolvency and Bankruptcy Code 2016. The delay is beyond the maximum period which is condonable in terms of the statute. The civil appeal is dismissed on the ground of limitation. The Supreme Court of India dismissed a civil appeal due to a delay of 21 days in filing the appeal under Section 62 of the Insolvency and Bankruptcy Code 2016, which exceeded the condonable period specified by the statute. Pending applications were disposed of.
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