https://www.taxtmi.com/caselaws?id=770389 SC held that appeals under IBC Section 61(2) must be filed within 30 days from NCLT order pronouncement, with maximum 15 additional days condonable by NCLAT. Respondent's appeal filed after 45-day statutory maximum was time-barred. NCLAT lacks jurisdiction to condone delay beyond prescribed 45-day total period, as IBC mandates strict timelines for insolvency proceedings. Court emphasized limitation runs from order pronouncement date, not receipt. NCLAT erred in condoning excessive delay and acted without jurisdiction. Appeal allowed. en-us Wed, 07 May 2025 00:00:00 +0530 Tue, 26 May 2026 15:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=770389 SC held that appeals under IBC Section 61(2) must be filed within 30 days from NCLT order pronouncement, with maximum 15 additional days condonable by NCLAT. Respondent's appeal filed after 45-day statutory maximum was time-barred. NCLAT lacks jurisdiction to condone delay beyond prescribed 45-day total period, as IBC mandates strict timelines for insolvency proceedings. Court emphasized limitation runs from order pronouncement date, not receipt. NCLAT erred in condoning excessive delay and acted without jurisdiction. Appeal allowed. Case-Laws IBC Wed, 07 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=770389