https://www.taxtmi.com/caselaws?id=762154 The NCLAT Principal Bench rejected an appeal filed 26 days beyond the statutory limit. The appellant argued they learned of the order only on 30.03.2024, making their 22.04.2024 appeal timely from that date. However, the tribunal held that limitation begins from the order's pronouncement date (26.02.2024), not when the appellant gained knowledge. Citing SC precedent in National Spot Exchange Limited v. Anil Kohli, the NCLAT confirmed it lacks jurisdiction to condone delays exceeding 15 days. The condonation application and appeal memo were both rejected. en-us Thu, 21 Nov 2024 00:00:00 +0530 Thu, 21 Nov 2024 18:41:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=762154 The NCLAT Principal Bench rejected an appeal filed 26 days beyond the statutory limit. The appellant argued they learned of the order only on 30.03.2024, making their 22.04.2024 appeal timely from that date. However, the tribunal held that limitation begins from the order's pronouncement date (26.02.2024), not when the appellant gained knowledge. Citing SC precedent in National Spot Exchange Limited v. Anil Kohli, the NCLAT confirmed it lacks jurisdiction to condone delays exceeding 15 days. The condonation application and appeal memo were both rejected. Case-Laws IBC Thu, 21 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=762154