https://www.taxtmi.com/caselaws?id=429445 The Delay Condonation Application was dismissed, and the Memo of Appeal was rejected as the delay in filing the appeal exceeded the 15-day limit specified in Section 61(2) of the IBC. The Court emphasized the importance of timely filing of appeals under the IBC, stating that the limitation period starts when the order is pronounced, and delays in obtaining certified copies do not excuse late filings. The judgment highlighted the mandatory requirement of a certified copy for appeals to the NCLAT and the need for parties to adhere to statutory timelines to maintain the timely framework of the insolvency process. en-us Wed, 12 Oct 2022 00:00:00 +0530 Fri, 28 Oct 2022 14:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=429445 The Delay Condonation Application was dismissed, and the Memo of Appeal was rejected as the delay in filing the appeal exceeded the 15-day limit specified in Section 61(2) of the IBC. The Court emphasized the importance of timely filing of appeals under the IBC, stating that the limitation period starts when the order is pronounced, and delays in obtaining certified copies do not excuse late filings. The judgment highlighted the mandatory requirement of a certified copy for appeals to the NCLAT and the need for parties to adhere to statutory timelines to maintain the timely framework of the insolvency process. Case-Laws Insolvency and Bankruptcy Wed, 12 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=429445