Authorization requirements for customs brokers and benami shipping bills: tribunal upholds licence revocation and penalties after COVID time limit fou...
Eligibility for notification exemption on imported fertilizers challenged; penalty, interest and confiscation set aside after voluntary payment and no...
Limitation for an appeal under the Insolvency and Bankruptcy Code runs from the date the impugned order is pronounced in open court, not from the date it is uploaded, received, or actually known to the appellant. Where pronouncement is established, a party must act diligently, apply for a certified copy, and can claim only the statutory exclusion for time requisite to obtain it. The appellate tribunal also reiterated that the condonable period under the appeal provision is strictly confined to thirty days plus a further fifteen days; no equitable extension is available beyond that outer limit. On that basis, both appeals filed after the limit were treated as time-barred and the delay applications were rejected.
Limitation for an appeal under the Insolvency and Bankruptcy Code runs from the date the impugned order is pronounced in open court, not from the date it is uploaded, received, or actually known to the appellant. Where pronouncement is established, a party must act diligently, apply for a certified copy, and can claim only the statutory exclusion for time requisite to obtain it. The appellate tribunal also reiterated that the condonable period under the appeal provision is strictly confined to thirty days plus a further fifteen days; no equitable extension is available beyond that outer limit. On that basis, both appeals filed after the limit were treated as time-barred and the delay applications were rejected.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4821 
Join Channel 
