https://www.taxtmi.com/caselaws?id=467660 An appeal challenging approval of a resolution plan under the Insolvency and Bankruptcy Code is governed by the special appellate scheme in Section 61, so the limitation period in Section 61(2) applies even where the appeal is framed under Section 32 read with Section 61(3). The prescribed period is thirty days, with a further fifteen days available only on sufficient cause being shown. The Tribunal's inherent powers under Rule 11 cannot override this statutory ceiling or enlarge its jurisdiction. Delay beyond that outer limit, including delay attributed to lack of knowledge or alleged fraud, is not condonable; the appeal was therefore barred by limitation and the condonation request was rejected. en-us Wed, 21 Aug 2024 00:00:00 +0530 Sat, 28 Mar 2026 18:44:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467660 An appeal challenging approval of a resolution plan under the Insolvency and Bankruptcy Code is governed by the special appellate scheme in Section 61, so the limitation period in Section 61(2) applies even where the appeal is framed under Section 32 read with Section 61(3). The prescribed period is thirty days, with a further fifteen days available only on sufficient cause being shown. The Tribunal's inherent powers under Rule 11 cannot override this statutory ceiling or enlarge its jurisdiction. Delay beyond that outer limit, including delay attributed to lack of knowledge or alleged fraud, is not condonable; the appeal was therefore barred by limitation and the condonation request was rejected. Case-Laws IBC Wed, 21 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467660