https://www.taxtmi.com/caselaws?id=431942 A delay of 12 days in filing an appeal under the Insolvency and Bankruptcy Code was treated as falling within the statutory condonable outer limit under Section 61(2), and was condoned on a liberal assessment of the explanation offered. The application seeking vacant possession and lease dues was held not maintainable because the lease deed and supplementary agreement were unregistered and the lease had already expired; an unregistered lease for a term exceeding 12 months could not be relied on to enforce the lease terms beyond its legal effect, though directions for rent during the CIRP period were sustained. en-us Thu, 22 Dec 2022 00:00:00 +0530 Sat, 24 Dec 2022 11:07:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=431942 A delay of 12 days in filing an appeal under the Insolvency and Bankruptcy Code was treated as falling within the statutory condonable outer limit under Section 61(2), and was condoned on a liberal assessment of the explanation offered. The application seeking vacant possession and lease dues was held not maintainable because the lease deed and supplementary agreement were unregistered and the lease had already expired; an unregistered lease for a term exceeding 12 months could not be relied on to enforce the lease terms beyond its legal effect, though directions for rent during the CIRP period were sustained. Case-Laws Insolvency and Bankruptcy Thu, 22 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=431942