https://www.taxtmi.com/caselaws?id=465755 The dominant issue was whether the appellate tribunal could condone delay beyond the statutory limit for filing an appeal under s.61(2) of the IBC. Interpreting s.61(2) as mandating a 30-day limitation period with a maximum condonable extension of only 15 days, the tribunal held it lacked jurisdiction to entertain an appeal filed after 45 days, as the statute permits no further enlargement. The reasons advanced, including prior engagement of the person responsible for filing and reliance on an internal authorization date, were found legally insufficient to override the statutory bar. The appeal was dismissed as time-barred. en-us Mon, 17 Mar 2025 00:00:00 +0530 Wed, 07 Jan 2026 20:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=465755 The dominant issue was whether the appellate tribunal could condone delay beyond the statutory limit for filing an appeal under s.61(2) of the IBC. Interpreting s.61(2) as mandating a 30-day limitation period with a maximum condonable extension of only 15 days, the tribunal held it lacked jurisdiction to entertain an appeal filed after 45 days, as the statute permits no further enlargement. The reasons advanced, including prior engagement of the person responsible for filing and reliance on an internal authorization date, were found legally insufficient to override the statutory bar. The appeal was dismissed as time-barred. Case-Laws IBC Mon, 17 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=465755