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2020 (7) TMI 773 - HC - Indian LawsCondonation of delay in filing the appeal - decision taken by the liquidator is appealable or not - Section 42 of I&B Code - HELD THAT:- Admittedly, the Liquidator had taken a decision. The decision taken by the liquidator is appealable under Section 42 of the Code. The petitioners, in order to file appeal under Section 42 of the Code, filed an application to condone the delay in filing the appeal. It has been submitted that the said delay condonation petition had been already allowed by the Tribunal. Now, the petitioners have to file appeal as provided under Section 42 of the Code. Since there is provision for appeal and the petitioners had already decided to resort to the said provision by filing application for condoning the delay in filing the appeal, it is not just and proper for this Court to pass any order exercising the supervisory jurisdiction under Article 227 of the Constitution of India, particularly when so many appeals in this connection are pending consideration by the Tribunal. The Tribunal is directed to dispose of all the appeals, including the appeals to be filed by the petitioners in this case, in accordance with law, as expeditiously as possible - Petition disposed off.
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