Rejection of Application of Claim, raised by the Appellant - ...

Insolvency and Bankruptcy

April 6, 2024

Rejection of Application of Claim, raised by the Appellant - limitation in preferring an appeal - The NCLAT found that the appeal was filed beyond the 30-day limitation period prescribed by Section 61(2) of the IBC. - Despite the Appellant's reasons for the delay, including seeking legal advice and geographical constraints, the Tribunal finds them insufficient to justify condonation of the delay.

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Rejection of Application of Claim, raised by the Appellant - ...

Insolvency and Bankruptcy

April 6, 2024

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