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Appeal Deadline Extension Denied u/s 61(2) IBC Due to Insufficient Cause for Delay Beyond Allowed 15 Days.
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....Condonation of delay - Time Limitations for filing appeal - proviso to Section 61(2) allows the filing of the appeal even after expiry of 30 days if the Applicant/Appellant satisfies the Appellate Authority about the presence of a sufficient cause for not filing the appeal within that time but in no case the period of 15 days can be extended. - This is not a fit case for condonation of delay for filing of the appeal - AT....