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    <title>2020 (7) TMI 420 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL</title>
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    <description>An appeal under the Insolvency and Bankruptcy Code had to be filed within 30 days, with only a further 15 days available on sufficient cause; the outer statutory limit could not be crossed. Knowledge of the resolution plan approval was available to the appellant within time, yet the appeal was filed well after the maximum permissible period. Pending proceedings before the regulatory commission and the appellant&#039;s inability to quantify its claim were not a legal impediment and did not constitute sufficient cause for extending limitation. The appeal was therefore treated as time barred, and the Tribunal declined to examine the merits once limitation had expired.</description>
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      <description>An appeal under the Insolvency and Bankruptcy Code had to be filed within 30 days, with only a further 15 days available on sufficient cause; the outer statutory limit could not be crossed. Knowledge of the resolution plan approval was available to the appellant within time, yet the appeal was filed well after the maximum permissible period. Pending proceedings before the regulatory commission and the appellant&#039;s inability to quantify its claim were not a legal impediment and did not constitute sufficient cause for extending limitation. The appeal was therefore treated as time barred, and the Tribunal declined to examine the merits once limitation had expired.</description>
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