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Issues: Whether an order merely adjourning the matter and fixing a date for hearing is appealable under Section 61 of the Insolvency and Bankruptcy Code, 2016.
Analysis: Section 61 contemplates an appeal from an order passed under Part II of the Insolvency and Bankruptcy Code, 2016. A simpliciter adjournment order that only fixes a future date does not determine any right, does not decide the controversy on merits, and does not prejudice any sustainable legal interest of the appellant. Such an order therefore falls outside the class of appealable orders contemplated by the provision.
Conclusion: The appeal was not maintainable against the adjournment order and failed on that ground, which is against the appellant.