NCLAT cannot condone Appeal Filing Delay beyond 45 Days: Supreme Court in Tata Steel Case [Read Order]

The resolution plan in question was approved on April 7, 2022, triggering the initial 30-day limitation period, which ended on May 7, 2022—a working Saturday for the NCLAT
By Manu Sharma - On May 8, 2025 1:50 pm - 2 mins read
NCLAT - NCLAT on Appeal Filing Delay limit - Supreme Court - Tata Steel nclat case - TAXSCAN

On May 7, the Supreme Court ruled that the National Company Law Appellate Tribunal (NCLAT), acting as the Adjudicating Authority under the Insolvency and Bankruptcy Code, 2016 (IBC), has no jurisdiction to condone delays in filing appeals beyond the statutory limit of 45 days (30 days plus a 15-day condonable period) prescribed under Section 61(2)…

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