https://www.taxtmi.com/caselaws?id=308793 The National Company Law Appellate Tribunal, Principal Bench, New Delhi, considered and condoned a 38-day delay in refiling the Appeal by a government body. However, an application seeking condonation of a 29-day delay in filing the Appeal was dismissed as it exceeded the 15-day limit specified under Section 61(2) proviso of the IBC, 2016. The Tribunal emphasized that the limitation for filing an Appeal starts from the date the order is pronounced, not when the party becomes aware of it, ultimately resulting in the rejection of the Memo of Appeal. en-us Mon, 09 Jan 2023 00:00:00 +0530 Sat, 22 Jul 2023 22:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=308793 The National Company Law Appellate Tribunal, Principal Bench, New Delhi, considered and condoned a 38-day delay in refiling the Appeal by a government body. However, an application seeking condonation of a 29-day delay in filing the Appeal was dismissed as it exceeded the 15-day limit specified under Section 61(2) proviso of the IBC, 2016. The Tribunal emphasized that the limitation for filing an Appeal starts from the date the order is pronounced, not when the party becomes aware of it, ultimately resulting in the rejection of the Memo of Appeal. Case-Laws Insolvency and Bankruptcy Mon, 09 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=308793