https://www.taxtmi.com/caselaws?id=781737 Delay in filing the appeal was condoned under the proviso to Section 61(2) of the Insolvency and Bankruptcy Code because the appeal was filed within the condonable period, the appellant had later knowledge of the order, and no deliberate delay was shown. The transaction over the subject land was treated as concluded in favour of the corporate debtor because contemporaneous documents, possession, payment treatment, and asset records showed that the sellers had divested their interest. The Adjudicating Authority also had jurisdiction under Section 60(5) to direct execution of the sale deed, as the relief was directly connected with implementation of the approved resolution plan and perfecting title to a corporate debtor asset. en-us Wed, 15 Oct 2025 00:00:00 +0530 Thu, 20 Nov 2025 08:42:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=781737 Delay in filing the appeal was condoned under the proviso to Section 61(2) of the Insolvency and Bankruptcy Code because the appeal was filed within the condonable period, the appellant had later knowledge of the order, and no deliberate delay was shown. The transaction over the subject land was treated as concluded in favour of the corporate debtor because contemporaneous documents, possession, payment treatment, and asset records showed that the sellers had divested their interest. The Adjudicating Authority also had jurisdiction under Section 60(5) to direct execution of the sale deed, as the relief was directly connected with implementation of the approved resolution plan and perfecting title to a corporate debtor asset. Case-Laws IBC Wed, 15 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=781737