The case involves an appeal filed under Section 62 of the Insolvency and Bankruptcy Code 2016. The section provides a period of forty-five days from the receipt of an order of the National Company Law Appellate Tribunal (NCLAT) for filing an appeal. The court has the power to condone a delay of a further period not exceeding fifteen days for sufficient cause.
Gammon India Ltd. filed an appeal against Neelkanth Mansions and Infrastructure Pvt Ltd. The appeal was delayed by 51 days beyond the period that could be condoned under Section 62(2) of the Insolvency and Bankruptcy Code 2016. Section 62 of the Insolvency and Bankruptcy Code 2016 allows for a 45-day period to file an appeal from an order of the National Company Law Appellate Tribunal, with a possible extension of 15 days for sufficient cause. The court found that the delay exceeded the condonable period, leading to the dismissal of the appeal.
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The appeal was…
The court dismissed the…
The case involves an appeal filed under Section 62 of the Insolvency and Bankruptcy Code 2016. The section provides a period of forty-five days from the receipt of an order of the National Company Law Appellate Tribunal (NCLAT) for filing an appeal. The court has the power to condone a delay of a further period not exceeding fifteen days for sufficient cause.
Gammon India Ltd. filed an appeal against Neelkanth Mansions and Infrastructure Pvt Ltd. The appeal was delayed by 51 days beyond the period that could be condoned under Section 62(2) of the Insolvency and Bankruptcy Code 2016. Section 62 of the Insolvency and Bankruptcy Code 2016 allows for a 45-day period to file an appeal from an order of the National Company Law Appellate Tribunal, with a possible extension of 15 days for sufficient cause. The court found that the delay exceeded the condonable period, leading to the dismissal of the appeal.
The appeal was…
The court dismissed the…