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    <title>2026 (4) TMI 313 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL, PRINCIPAL BENCH, NEW DELHI</title>
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    <description>Delay in filing appeals under the Insolvency and Bankruptcy Code cannot be condoned beyond the additional 15-day period prescribed by the statute. Judicial custody does not enlarge or suspend the statutory limitation period, so it is no bar to the exercise of the appeal right but does not extend time. Where an application for a certified copy is made after expiry of 30 days from the impugned order, exclusion of copy-preparation time is unavailable. On those principles, the Tribunal held that the delay exceeded its statutory power to condone and rejected the condonation applications.</description>
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      <link>https://www.taxtmi.com/caselaws?id=789244</link>
      <description>Delay in filing appeals under the Insolvency and Bankruptcy Code cannot be condoned beyond the additional 15-day period prescribed by the statute. Judicial custody does not enlarge or suspend the statutory limitation period, so it is no bar to the exercise of the appeal right but does not extend time. Where an application for a certified copy is made after expiry of 30 days from the impugned order, exclusion of copy-preparation time is unavailable. On those principles, the Tribunal held that the delay exceeded its statutory power to condone and rejected the condonation applications.</description>
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