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of <h1>Supreme Court Dismisses Appeal Over 51-Day Delay Exceeding Section 62 IBC Extension; Upholds Statutory Remedy Adherence</h1> Under Section 62 of the Insolvency and Bankruptcy Code (IBC), 2016, an individual aggrieved by an order from the National Company Law Appellate Tribunal (NCLAT) can appeal to the Supreme Court on a legal question within 45 days of receiving the order. The Supreme Court may extend this period by up to 15 days if justified. In the case of Gammon India Ltd. vs. Neelkanth Mansions, the Supreme Court dismissed an appeal due to a 51-day delay, which exceeded the permissible extension. In another case, the Supreme Court refused a writ petition under Article 32, emphasizing adherence to statutory remedies.
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