https://www.taxtmi.com/caselaws?id=462358 NCLT Hyderabad dismissed an application seeking to set aside liquidator's rejection of claim as not maintainable due to limitation. The appeal was filed 209 days after the prescribed 14-day period under Section 42 of IBC. Despite SC precedent in Sesh Nath Singh allowing condonation of delay under Section 5 of Limitation Act without formal application, the tribunal held that delay cannot be condoned suo-moto when no grounds for condonation are pleaded by the applicant. en-us Mon, 17 Jul 2023 00:00:00 +0530 Sat, 07 Jun 2025 13:53:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=462358 NCLT Hyderabad dismissed an application seeking to set aside liquidator's rejection of claim as not maintainable due to limitation. The appeal was filed 209 days after the prescribed 14-day period under Section 42 of IBC. Despite SC precedent in Sesh Nath Singh allowing condonation of delay under Section 5 of Limitation Act without formal application, the tribunal held that delay cannot be condoned suo-moto when no grounds for condonation are pleaded by the applicant. Case-Laws IBC Mon, 17 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=462358