https://www.taxtmi.com/caselaws?id=416147 The appeal seeking condonation of a delay in filing against the order approving the resolution plan was dismissed by the NCLT, Kolkata Bench. The appellant's claim of a 102-day delay was contradicted by the respondent, who argued for a delay of over 356 days. The tribunal found that the appellant had knowledge of the impugned order since August 17, 2020, but filed the appeal on August 3, 2021, without a satisfactory explanation for the delay. Consequently, the tribunal rejected the condonation of delay application and dismissed the appeal, emphasizing the importance of timely action and awareness of legal proceedings. en-us Tue, 21 Dec 2021 00:00:00 +0530 Wed, 22 Dec 2021 07:50:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=416147 The appeal seeking condonation of a delay in filing against the order approving the resolution plan was dismissed by the NCLT, Kolkata Bench. The appellant's claim of a 102-day delay was contradicted by the respondent, who argued for a delay of over 356 days. The tribunal found that the appellant had knowledge of the impugned order since August 17, 2020, but filed the appeal on August 3, 2021, without a satisfactory explanation for the delay. Consequently, the tribunal rejected the condonation of delay application and dismissed the appeal, emphasizing the importance of timely action and awareness of legal proceedings. Case-Laws Insolvency and Bankruptcy Tue, 21 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=416147