https://www.taxtmi.com/caselaws?id=470192 Rule 22 of the NCLAT Rules requires strict compliance when instituting an appeal under Section 61 of the Insolvency and Bankruptcy Code. A condonation-of-delay application filed without the prescribed fee is not validly instituted, and later payment does not relate back to the date of electronic filing of defective papers. The application gains legal existence only when the fee is paid; if both the prescribed limitation period and the condonable period have then expired, the appeal cannot be entertained. en-us Fri, 24 Apr 2026 00:00:00 +0530 Sat, 18 Jul 2026 21:09:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470192 Rule 22 of the NCLAT Rules requires strict compliance when instituting an appeal under Section 61 of the Insolvency and Bankruptcy Code. A condonation-of-delay application filed without the prescribed fee is not validly instituted, and later payment does not relate back to the date of electronic filing of defective papers. The application gains legal existence only when the fee is paid; if both the prescribed limitation period and the condonable period have then expired, the appeal cannot be entertained. Case-Laws IBC Fri, 24 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470192