https://www.taxtmi.com/caselaws?id=776889 The SC held the appeal inadmissible as time-barred and dismissed it, stating the Court cannot extend the limitation under Section 62 of the IBC even by one day. The Court upheld findings that the machinery had been hypothecated under a prior loan agreement in favor of the financial creditor, and that a subsequent purported transfer/lease and hypothecation without notice or approval of the FC was ineffective and bad in law, undermining the appellant's claim to ownership. en-us Mon, 18 Aug 2025 00:00:00 +0530 Thu, 21 Aug 2025 08:35:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=776889 The SC held the appeal inadmissible as time-barred and dismissed it, stating the Court cannot extend the limitation under Section 62 of the IBC even by one day. The Court upheld findings that the machinery had been hypothecated under a prior loan agreement in favor of the financial creditor, and that a subsequent purported transfer/lease and hypothecation without notice or approval of the FC was ineffective and bad in law, undermining the appellant's claim to ownership. Case-Laws IBC Mon, 18 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=776889