https://www.taxtmi.com/caselaws?id=447389 In insolvency appeals, limitation runs from the date of pronouncement of the order, and a party seeking condonation of delay must show sufficient cause supported by due diligence. The Tribunal held that waiting for the outcome of a separate liquidation application, or relying on the fact that the appellant was not a party to the earlier proceedings, did not constitute a valid explanation for a 15-day delay beyond the statutory period. It further noted that a litigant is expected to act diligently in obtaining a certified copy and pursuing the appeal within time. The explanation was treated as an excuse rather than sufficient cause, so the delay was not condoned and the connected appeal did not survive. en-us Thu, 21 Dec 2023 00:00:00 +0530 Sat, 23 Dec 2023 15:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=447389 In insolvency appeals, limitation runs from the date of pronouncement of the order, and a party seeking condonation of delay must show sufficient cause supported by due diligence. The Tribunal held that waiting for the outcome of a separate liquidation application, or relying on the fact that the appellant was not a party to the earlier proceedings, did not constitute a valid explanation for a 15-day delay beyond the statutory period. It further noted that a litigant is expected to act diligently in obtaining a certified copy and pursuing the appeal within time. The explanation was treated as an excuse rather than sufficient cause, so the delay was not condoned and the connected appeal did not survive. Case-Laws Insolvency and Bankruptcy Thu, 21 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=447389