https://www.taxtmi.com/caselaws?id=415007 The Tribunal dismissed the appeal as time-barred under Section 42 of the IBC, 2016, emphasizing the importance of adhering to statutory timelines. The Applicant's claim rejection was communicated on 09.08.2019, with the appeal filed on 18th February 2021, exceeding the 14-day limit. Despite citing Covid-19 and lockdown constraints, the Tribunal noted prior late filings and ruled the delay unjustified. Strict compliance with procedural requirements in insolvency proceedings was underscored for process integrity and efficiency. en-us Fri, 12 Nov 2021 00:00:00 +0530 Tue, 23 Nov 2021 15:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=415007 The Tribunal dismissed the appeal as time-barred under Section 42 of the IBC, 2016, emphasizing the importance of adhering to statutory timelines. The Applicant's claim rejection was communicated on 09.08.2019, with the appeal filed on 18th February 2021, exceeding the 14-day limit. Despite citing Covid-19 and lockdown constraints, the Tribunal noted prior late filings and ruled the delay unjustified. Strict compliance with procedural requirements in insolvency proceedings was underscored for process integrity and efficiency. Case-Laws Insolvency and Bankruptcy Fri, 12 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=415007