NCLAT Dismisses Appeal Filed Beyond 45 Days as Delay Not Condonable Under IBC: NCLAT Chennai

Harish Shah Vs Ramakrishnan Sadasivan (NCLAT Chennai) In this matter before the National Company Law Appellate Tribunal Chennai, two appeals were filed challenging the approval of a resolution plan under the Insolvency and Bankruptcy Code, 2016 (IBC). The appellants sought condonation of delay of 14 days in filing the appeals, though the Registry reported a delay of 16 days. The impugned order approving the resolution plan had been pronounced on 28.10.2025 by the adjudicating authority. The appellant, an unsecured financial creditor and homebuyer, contended that the delay occurred due to the t...