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2019 (10) TMI 104 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL, NEW DELHITime limitation - Maintainability of application - claim rejected on the ground that the claim relates to the sister concern ‘PD Agro Processors Pvt. Ltd.’ - Jurisdiction of Appellate Tribunal to condone the delay - HELD THAT:- The appeal has been preferred after long delay and delay for condonation of application has been filed. ‘Resolution Professional’ has rightly pointed out that beyond 45 days, the delay is 44 days, therefore, this Appellate Tribunal has no jurisdiction to condone the delay. Sub-section 2 of Section 61 provides for powers to this Tribunal of only 15 days which it can condone over the period of appeal of 30 days, if there was sufficient cause. For the said reason, this Appellate Tribunal has no jurisdiction to condone the delay beyond 15 days and thereby the appeal is barred by limitation. Appeal dismissed being barred by limitation.
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