APPLICABILITY OF SECTION 5 OF LIMITATION ACT IN CONDONING THE DELAY IN FILING APPEAL BEFORE THE NATIONAL COMPANY LAW APPELLATE TRIBUNAL

APPLICABILITY OF SECTION 5 OF LIMITATION ACT IN CONDONING THE DELAY IN FILING APPEAL BEFORE THE NATIONAL COMPANY LAW APPELLATE TRIBUNAL https://www.taxtmi.com/article/detailed?id=7940 Section 421(3) creates a two-tier limitation for appeals to the Appellate Tribunal: an initial filing period and a further outer period available only if the Tribunal is satisfied of sufficient cause. This special statutory regime, expressed in peremptory language, constitutes an ultimate temporal boundary and thereby precludes invoking the general extension power in the Limitation Act to condone delay beyond that prescribed outer period. en-us Thu, 29 Mar 2018 07:24:22 +0530 Thu, 29 Mar 2018 07:24:22 +0530 TaxTMI RSS Generator APPLICABILITY OF SECTION 5 OF LIMITATION ACT IN CONDONING THE DELAY IN FILING APPEAL BEFORE THE NATIONAL COMPANY LAW APPELLATE TRIBUNAL https://www.taxtmi.com/article/detailed?id=7940 Section 421(3) creates a two-tier limitation for appeals to the Appellate Tribunal: an initial filing period and a further outer period available only if the Tribunal is satisfied of sufficient cause. This special statutory regime, expressed in peremptory language, constitutes an ultimate temporal boundary and thereby precludes invoking the general extension power in the Limitation Act to condone delay beyond that prescribed outer period. Articles Corporate Laws / IBC / SEBI Thu, 29 Mar 2018 07:24:22 +0530 https://www.taxtmi.com/article/detailed?id=7940