https://www.taxtmi.com/caselaws?id=312305 NCLAT dismissed an appeal for 33-day delay in filing beyond the statutory 45-day period under Section 421. The appellant failed to provide plausible reasons or day-to-day explanation for the delay in the condonation petition. The tribunal held that without satisfactory grounds demonstrating reasonable cause for delay, it lacked competence to entertain the appeal after the extended limitation period expired. The appeal was dismissed on limitation grounds alone. en-us Tue, 25 Apr 2023 00:00:00 +0530 Sun, 11 Feb 2024 14:29:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=312305 NCLAT dismissed an appeal for 33-day delay in filing beyond the statutory 45-day period under Section 421. The appellant failed to provide plausible reasons or day-to-day explanation for the delay in the condonation petition. The tribunal held that without satisfactory grounds demonstrating reasonable cause for delay, it lacked competence to entertain the appeal after the extended limitation period expired. The appeal was dismissed on limitation grounds alone. Case-Laws Companies Law Tue, 25 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=312305