https://www.taxtmi.com/caselaws?id=751059 NCLAT Chennai dismissed an appeal after rejecting the delay condonation application. The appellant sought condonation of 28 days delay in filing the appeal, citing need for legal advice and geographical constraints due to placement in Bengaluru. The tribunal held these reasons unjustifiable and not prevalent during the limitation period. The counsel's arguments were beyond pleadings and hypothetical. Given technological developments, the cited reasons lacked plausible justification for accepting delay condonation under Section 61's second proviso. en-us Thu, 04 Apr 2024 00:00:00 +0530 Sat, 06 Apr 2024 06:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=751059 NCLAT Chennai dismissed an appeal after rejecting the delay condonation application. The appellant sought condonation of 28 days delay in filing the appeal, citing need for legal advice and geographical constraints due to placement in Bengaluru. The tribunal held these reasons unjustifiable and not prevalent during the limitation period. The counsel's arguments were beyond pleadings and hypothetical. Given technological developments, the cited reasons lacked plausible justification for accepting delay condonation under Section 61's second proviso. Case-Laws Insolvency and Bankruptcy Thu, 04 Apr 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=751059