Supreme Court Criticizes NCLAT’s Long Order on Delay Condonation Application Despite High Pendency of Cases [Read Judgement]
The Supreme Court overturned the NCLAT's November 7, 2023 judgment, granted the plea for a delay condonation, and instructed the NCLAT to hold the appeal hearing in compliance with the law
The supreme court while setting aside the National Company Law Appellate Tribunal (NCLAT) order that rejected an application for condonation of delay in filing an appeal under Section 61 of the Insolvency and Bankruptcy Code, 2016 , expressed the wonder on action of spenting a great deal of time and energy crafting a 17-page ruling…
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