Condonation rejected as time limit prescribed u/s. 61 of IBC not satisfied: NCLAT Chennai

Southern Power Distribution Company of Telangana Ltd. Vs Kalvakolanu Murali Krishna Prasad Resolution Professional for Vaksh Steels Pvt. Ltd. (NCLAT Chennai) NCLAT Chennai held that appellant having knowledge of the proceedings fall within the purview of the term ‘Person Aggrieved’ u/s. 61(1) hence cannot be exempt from applying for certified copy within prescribed time. Accordingly, condonation of delay application rejected as beyond the limitation period prescribed u/s. 61 of IBC. Facts- the Appellant to the Company Appeal, has preferred this Appeal, being aggrieved as against the Impugn...