https://www.taxtmi.com/caselaws?id=756820 NCLAT dismissed an appeal filed with 209 days delay, rejecting the application for condonation of delay. The tribunal held that appellant could not invoke Section 14 of the Limitation Act to exclude the period from 08.06.2023 to 03.01.2024, as the essential ingredients established in M.P. Steel Corporation were not fulfilled. The court found that failure of prior proceeding was not due to jurisdictional defect or similar cause, and the delay exceeded the condonable period of 15 days under Section 61(2). en-us Wed, 07 Aug 2024 00:00:00 +0530 Fri, 09 Aug 2024 16:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=756820 NCLAT dismissed an appeal filed with 209 days delay, rejecting the application for condonation of delay. The tribunal held that appellant could not invoke Section 14 of the Limitation Act to exclude the period from 08.06.2023 to 03.01.2024, as the essential ingredients established in M.P. Steel Corporation were not fulfilled. The court found that failure of prior proceeding was not due to jurisdictional defect or similar cause, and the delay exceeded the condonable period of 15 days under Section 61(2). Case-Laws Insolvency and Bankruptcy Wed, 07 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=756820