https://www.taxtmi.com/caselaws?id=395392 The appeal filed by the appellant against the Adjudicating Authority's order was dismissed by the Tribunal. The Tribunal found that the financial creditor's application was time-barred as it was filed beyond the three-year limitation period from the date the corporate debtor's account became a non-performing asset. Additionally, the Tribunal held that the appeal was not maintainable under section 61 of the Insolvency and Bankruptcy Code, as the appellant had already appealed against the admission order and seeking a stay of proceedings constituted unnecessary litigation. Consequently, the appeal was deemed not maintainable and dismissed. en-us Tue, 11 Feb 2020 00:00:00 +0530 Wed, 27 May 2020 10:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=395392 The appeal filed by the appellant against the Adjudicating Authority's order was dismissed by the Tribunal. The Tribunal found that the financial creditor's application was time-barred as it was filed beyond the three-year limitation period from the date the corporate debtor's account became a non-performing asset. Additionally, the Tribunal held that the appeal was not maintainable under section 61 of the Insolvency and Bankruptcy Code, as the appellant had already appealed against the admission order and seeking a stay of proceedings constituted unnecessary litigation. Consequently, the appeal was deemed not maintainable and dismissed. Case-Laws Insolvency and Bankruptcy Tue, 11 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=395392