<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>NCLAT Dismisses Appeal for Missing 30-Day Deadline Under IBC; Delay Excuses Deemed Insufficient.</title>
    <link>https://www.taxtmi.com/highlights?id=76394</link>
    <description>Rejection of Application of Claim, raised by the Appellant - limitation in preferring an appeal - The NCLAT found that the appeal was filed beyond the 30-day limitation period prescribed by Section 61(2) of the IBC. - Despite the Appellant&#039;s reasons for the delay, including seeking legal advice and geographical constraints, the Tribunal finds them insufficient to justify condonation of the delay.</description>
    <language>en-us</language>
    <pubDate>Sat, 06 Apr 2024 06:19:41 +0530</pubDate>
    <lastBuildDate>Sat, 06 Apr 2024 06:19:41 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=749295" rel="self" type="application/rss+xml"/>
    <item>
      <title>NCLAT Dismisses Appeal for Missing 30-Day Deadline Under IBC; Delay Excuses Deemed Insufficient.</title>
      <link>https://www.taxtmi.com/highlights?id=76394</link>
      <description>Rejection of Application of Claim, raised by the Appellant - limitation in preferring an appeal - The NCLAT found that the appeal was filed beyond the 30-day limitation period prescribed by Section 61(2) of the IBC. - Despite the Appellant&#039;s reasons for the delay, including seeking legal advice and geographical constraints, the Tribunal finds them insufficient to justify condonation of the delay.</description>
      <category>Highlights</category>
      <law>Insolvency and Bankruptcy</law>
      <pubDate>Sat, 06 Apr 2024 06:19:41 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/highlights?id=76394</guid>
    </item>
  </channel>
</rss>