https://www.taxtmi.com/caselaws?id=293984 The High Court granted leave for withdrawal of a Writ Petition filed by the Partner of a Corporate Debtor under Section 7 of the Insolvency and Bankruptcy Code, allowing the filing of an appeal before the National Company Law Appellate Tribunal. However, the appeal was filed after the prescribed period under Section 61(2) of the I&B Code, and the Appellate Tribunal held that it lacked jurisdiction to entertain the appeal due to the delay. The conflict between Section 61(2) of the I&B Code and Section 5 of the Limitation Act was addressed, with the Tribunal ruling that the I&B Code prevails, rendering the appeal filed beyond the timeframe not maintainable. en-us Thu, 30 Jan 2020 00:00:00 +0530 Thu, 06 Jan 2022 14:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=293984 The High Court granted leave for withdrawal of a Writ Petition filed by the Partner of a Corporate Debtor under Section 7 of the Insolvency and Bankruptcy Code, allowing the filing of an appeal before the National Company Law Appellate Tribunal. However, the appeal was filed after the prescribed period under Section 61(2) of the I&B Code, and the Appellate Tribunal held that it lacked jurisdiction to entertain the appeal due to the delay. The conflict between Section 61(2) of the I&B Code and Section 5 of the Limitation Act was addressed, with the Tribunal ruling that the I&B Code prevails, rendering the appeal filed beyond the timeframe not maintainable. Case-Laws Insolvency and Bankruptcy Thu, 30 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=293984