NCLAT has no jurisdiction to entertain appeal after expiry of prescribed and condonable period

Directorate of Enforcement Vs Anil Kumar Mittal (NCLAT Delhi) NCLAT Delhi held that limitation period u/s. 61(2) of the Insolvency and Bankruptcy Code commences from date of order and not dependent on knowledge of order to ED. Further, once prescribed and condonable periods expires, NCLAT has no jurisdiction to entertain appeal. Facts- The appeal has been filed by the appellant under Section 61 of the Insolvency and Bankruptcy Code, 2016 challenging the order dated 07.01.2025 passed by the adjudicating authority. By the impugned order, adjudicating authority has allowed the application filed b...