<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>2021 (10) TMI 1083 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL , PRINCIPAL BENCH , NEW DELHI</title>
    <link>https://www.taxtmi.com/caselaws?id=414031</link>
    <description>The appeal arose from the approval of the Resolution Plan of Corporate Debtor Maruti Koatsu Cylinders Limited under Section 31 of the Insolvency and Bankruptcy Code, 2016. The Tribunal dismissed the appeal as time-barred, as it was filed 98 days after the impugned order, with a delay of 68 days beyond the prescribed 30 days. The Tribunal held that it lacked the authority to condone delays beyond the 15-day period after the prescribed 30 days under Section 61(2) of the IBC.</description>
    <language>en-us</language>
    <pubDate>Tue, 26 Oct 2021 00:00:00 +0530</pubDate>
    <lastBuildDate>Wed, 27 Oct 2021 09:19:43 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=659564" rel="self" type="application/rss+xml"/>
    <item>
      <title>2021 (10) TMI 1083 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL , PRINCIPAL BENCH , NEW DELHI</title>
      <link>https://www.taxtmi.com/caselaws?id=414031</link>
      <description>The appeal arose from the approval of the Resolution Plan of Corporate Debtor Maruti Koatsu Cylinders Limited under Section 31 of the Insolvency and Bankruptcy Code, 2016. The Tribunal dismissed the appeal as time-barred, as it was filed 98 days after the impugned order, with a delay of 68 days beyond the prescribed 30 days. The Tribunal held that it lacked the authority to condone delays beyond the 15-day period after the prescribed 30 days under Section 61(2) of the IBC.</description>
      <category>Case-Laws</category>
      <law>Insolvency and Bankruptcy</law>
      <pubDate>Tue, 26 Oct 2021 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/caselaws?id=414031</guid>
    </item>
  </channel>
</rss>