https://www.taxtmi.com/caselaws?id=761851 NCLAT Principal Bench allowed condonation of 3-day delay in filing appeal under IBC Section 61(2). The tribunal held that limitation period should be computed from e-filing date rather than physical presentation date at counter. Applying Supreme Court precedent that rules prevalent when application is considered govern the matter, NCLAT applied SOP dated 24.12.2022 which superseded earlier SOP dated 21.10.2022. The appellant's e-filing on 30.05.2022 was within statutory period, making physical filing delay irrelevant. Sufficient cause was established through detailed application and supporting affidavit. en-us Fri, 04 Oct 2024 00:00:00 +0530 Mon, 18 Nov 2024 14:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=761851 NCLAT Principal Bench allowed condonation of 3-day delay in filing appeal under IBC Section 61(2). The tribunal held that limitation period should be computed from e-filing date rather than physical presentation date at counter. Applying Supreme Court precedent that rules prevalent when application is considered govern the matter, NCLAT applied SOP dated 24.12.2022 which superseded earlier SOP dated 21.10.2022. The appellant's e-filing on 30.05.2022 was within statutory period, making physical filing delay irrelevant. Sufficient cause was established through detailed application and supporting affidavit. Case-Laws IBC Fri, 04 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=761851