This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Condonation cannot be granted under Section 61 of IBC as limitation period is 30 days which is extendable to 45 days
Case Law Details
- Case Name
- Isolux Corsan India Engineering &
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 04/11/2022
- Courts
- NCLAT
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
Isolux Corsan India Engineering & Constructions Pvt. Ltd. Vs Shailesh Verma, Erstwhile Resolution Professional of South East U.P. Power Transmission Company Ltd. (NCLAT Delhi)
Conclusion: In present facts of the case, the NCLAT rejected the application praying condonation of delay as it was filed after 45 days of the passing of the Impugned Order and by virtue of Section 61 of Insolvency and Bankruptcy Code, 2016 the condonation cannot be granted.
Facts: In present facts, the application was filed by the Appellant praying for condonation of delay in filing the Appeal u/s Section 61 of the ...
Author Info
