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2020 (7) TMI 420 - AT - Insolvency and BankruptcyCondonation of delay in filing appeal - Appeal has been filed on 11-11-2019 after about 150 days of the Impugned Order - CIRP process - HELD THAT:- The Appellant admittedly had noted all the passing of the Resolution Plan, at last on 4-7-2019. It is stated that when admittedly Appeal has to be filed at the most within 45 days from the date of the knowledge, the Present Appeal is apparently time barred. The ground raised in the Appeal Para 6 that during the pendency of the said proceedings before "CERC" the Appellant was not in a position to quantify the Operational Debt and do so only when the proceeding was initiated on 25th September, 2019 can not be accepted. The Appellant had admittedly filed claim before the IRP/RP of which major part was admitted by the IRP/RP. Inability to quantify the Operational Debt, as claimed when again, be no reason or obstruction in filing of the Appeal against the Impugned Order. Appeal is time barred and is dismissed.
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