The Appellant, an Operational Creditor, filed an appeal against an order dated April 17, 2018, with a delay of 85 days. The Appellate Tribunal noted that Section 61(2) of the Insolvency and Bankruptcy Code, 2016, restricts its power to condone delays beyond 15 days. The Appellant failed to provide satisfactory grounds for the delay. The Resolution Plan submitted by Vedanta Ltd. had already been approved by the Appellate Tribunal in a prior judgment dated August 10, 2018, in the case of Renaissance Steel India Pvt. Ltd. v. Electrosteel Steels Ltd. The Tribunal stated that it is not open to any party to reopen the issue before the Appellate Tribunal.

The Appellant, an Operational Creditor, filed an appeal against an order dated April 17, 2018, with a delay of 85 days. The Appellate Tribunal noted that Section 61(2) of the Insolvency and Bankruptcy Code, 2016, restricts its power to condone delays beyond 15 days. The Appellant failed to provide satisfactory grounds for the delay. The Resolution Plan submitted by Vedanta Ltd. had already been approved by the Appellate Tribunal in a prior judgment dated August 10, 2018, in the case of Renaissance Steel India Pvt. Ltd. v. Electrosteel Steels Ltd. The Tribunal stated that it is not open to any party to reopen the issue before the Appellate Tribunal.