https://www.taxtmi.com/caselaws?id=437724 The Hon'ble High Court of Delhi permitted 'Cloud9 Apartment Owner Association' to approach the NCLAT within 15 days to challenge the admission order dated 31.03.2022. Despite filing the appeal on 04.04.2023 with an application for condonation of delay, the Tribunal dismissed the appeal, emphasizing the statutory limitation of 45 days for filing appeals under the Insolvency and Bankruptcy Code. Legal precedents were cited to highlight that delays cannot be condoned beyond the prescribed period, even with court permissions, underscoring the importance of adhering to statutory timelines for appeals. en-us Fri, 12 May 2023 00:00:00 +0530 Fri, 12 May 2023 22:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=437724 The Hon'ble High Court of Delhi permitted 'Cloud9 Apartment Owner Association' to approach the NCLAT within 15 days to challenge the admission order dated 31.03.2022. Despite filing the appeal on 04.04.2023 with an application for condonation of delay, the Tribunal dismissed the appeal, emphasizing the statutory limitation of 45 days for filing appeals under the Insolvency and Bankruptcy Code. Legal precedents were cited to highlight that delays cannot be condoned beyond the prescribed period, even with court permissions, underscoring the importance of adhering to statutory timelines for appeals. Case-Laws Insolvency and Bankruptcy Fri, 12 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=437724