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2021 (7) TMI 1437

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..... Section 7 of the Insolvency and Bankruptcy Code, 2016 - time period for filing appeal - HELD THAT:- Under Section 61(2) of the IBC, the period for filing of Appeal is 30 days and the time which can be condoned by this Tribunal beyond the period of Appeal is of 15 days. The impugned order being dated 20.09.2019, the limitation expired after period of Appeal and another 15 days and the present Appe .....

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..... r, 2021. - Justice A.I.S. Cheema The Officiating Chairperson And Dr. Alok Srivastava Member (Technical) For Appellant: Mr. Amit Pawan, Ms. Arti Sharma, Mr. Akshat Srivastava, Ms. Suruchi Kasliwal, Advocates. ORDER Heard Learned Counsel Mr. Amit Pawan for the Appellant in both the Appeals. Company Appeal (AT) (Insolvency) No.525 of 2021 has been filed against order of admission .....

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..... l Bank against the Corporate Debtor was admitted by the impugned order. The Appeal has been filed against the impugned order on 02.07.2021 as per the Registry s endorsement on the paper book of the Appeal. 3. Under Section 61(2) of the IBC, the period for filing of Appeal is 30 days and the time which can be condoned by this Tribunal beyond the period of Appeal is of 15 days. The impugned order .....

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..... irector of the Corporate Debtor had already filed Company Appeal (AT) (Insolvency) No. 290 of 2020 against the same impugned order which had come up before this Tribunal and after hearing the parties, the Appeal has been dismissed vide order dated 27.08.2020. In this view of the matter also, the present Appeal now filed through Shareholder is not maintainable. Looking at the Appeal from any angle, .....

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