PMLA anticipatory bail requires satisfaction of twin conditions, while predicate-offence protection does not extend to independent money-laundering pr...
School-affiliation charges remain taxable where not directly connected with examinations, while extended limitation requires proof of deliberate tax e...
Concessional penalty for search-disclosed unreconciled jewellery applies where substantive disclosure conditions are met despite omission from origina...
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NCLAT dismissed the application seeking condonation of 389 days' delay in refiling an appeal against dismissal of a Section 9 IBC application. The Tribunal held that under the IBC's time-bound framework, refiling delay can be condoned only upon demonstration of reasonable and sufficient cause beyond the appellant's control, supported by due diligence. The appellant's bare assertion that the delay was "unintentional and beyond control" was found to be no justification. Noting the inordinate delay of over one year and absence of any cogent explanation, NCLAT refused to condone the delay and consequently dismissed the memo of appeal.
NCLAT dismissed the application seeking condonation of 389 days' delay in refiling an appeal against dismissal of a Section 9 IBC application. The Tribunal held that under the IBC's time-bound framework, refiling delay can be condoned only upon demonstration of reasonable and sufficient cause beyond the appellant's control, supported by due diligence. The appellant's bare assertion that the delay was "unintentional and beyond control" was found to be no justification. Noting the inordinate delay of over one year and absence of any cogent explanation, NCLAT refused to condone the delay and consequently dismissed the memo of appeal.
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