https://www.taxtmi.com/caselaws?id=764884 The Tribunal denied the application to condone a 166-day delay in refiling the Company Appeal (AT) (Insolvency) No. 1913 of 2024. The Applicant's reasons, including bereavement, vacations, and staffing issues, were deemed insufficient and indicative of negligence rather than circumstances beyond control. The Tribunal emphasized that while delay condonation should be approached leniently, it requires genuine and plausible reasons. Consequently, the Memo of Appeal was rejected due to the Applicant's failure to justify the delay adequately. en-us Fri, 03 Jan 2025 00:00:00 +0530 Tue, 21 Jan 2025 09:16:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=764884 The Tribunal denied the application to condone a 166-day delay in refiling the Company Appeal (AT) (Insolvency) No. 1913 of 2024. The Applicant's reasons, including bereavement, vacations, and staffing issues, were deemed insufficient and indicative of negligence rather than circumstances beyond control. The Tribunal emphasized that while delay condonation should be approached leniently, it requires genuine and plausible reasons. Consequently, the Memo of Appeal was rejected due to the Applicant's failure to justify the delay adequately. Case-Laws IBC Fri, 03 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=764884