https://www.taxtmi.com/caselaws?id=450629 The NCLAT dismissed the Appellant's application for condonation of delay in filing an appeal against the NCLT order in CP(IB) No. 56 of 2023. The appeal was filed beyond the condonable period of 15 days as stipulated by Section 61(2) proviso of the Insolvency and Bankruptcy Code. The Tribunal emphasized that the appeal period commenced from the date of order pronouncement, as the Appellant's counsel was present. The Appellant's reliance on certain precedents was found irrelevant, and the Tribunal rejected the memo of appeal due to the inability to condone the delay. en-us Wed, 28 Feb 2024 00:00:00 +0530 Fri, 08 Mar 2024 11:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=450629 The NCLAT dismissed the Appellant's application for condonation of delay in filing an appeal against the NCLT order in CP(IB) No. 56 of 2023. The appeal was filed beyond the condonable period of 15 days as stipulated by Section 61(2) proviso of the Insolvency and Bankruptcy Code. The Tribunal emphasized that the appeal period commenced from the date of order pronouncement, as the Appellant's counsel was present. The Appellant's reliance on certain precedents was found irrelevant, and the Tribunal rejected the memo of appeal due to the inability to condone the delay. Case-Laws Insolvency and Bankruptcy Wed, 28 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=450629