The Appellants claimed to be allottees and filed an appeal against the Adjudicating Authority's order rejecting their application under Section 7 of the Insolvency and Bankruptcy Code, 2016. The appeal was filed 26 days beyond the 30-day period. The Appellant's counsel attempted to explain the delay, stating that the appeal was filed 56 days after the impugned order. The Respondent argued that the installment amount had not been paid by the Appellants, leading to the cancellation of the agreement in 2015 and a subsequent refund. The Appellants then moved before the Consumer Forum for a refund of the said amount. The key fact is the delay in filing the appeal, which led to the dismissal of the appeal based on lack of jurisdiction.

The Appellants claimed to be allottees and filed an appeal against the Adjudicating Authority's order rejecting their application under Section 7 of the Insolvency and Bankruptcy Code, 2016. The appeal was filed 26 days beyond the 30-day period. The Appellant's counsel attempted to explain the delay, stating that the appeal was filed 56 days after the impugned order. The Respondent argued that the installment amount had not been paid by the Appellants, leading to the cancellation of the agreement in 2015 and a subsequent refund. The Appellants then moved before the Consumer Forum for a refund of the said amount. The key fact is the delay in filing the appeal, which led to the dismissal of the appeal based on lack of jurisdiction.