Delay of 466 days in filing appeal deemed inordinate and ...

Inordinate 466-day delay in appeal filing rejected. Financial crunch plea not accepted given substantial income. Delay condonation rightly denied. Appeal dismissed on limitation ground.

Case Laws Insolvency and Bankruptcy

August 2, 2024

Delay of 466 days in filing appeal deemed inordinate and unexplained. Financial crunch cited as ground for delay not accepted as satisfactory, given appellant received substantial amount u/s 36(4)(a)(iii). Adjudicating authority rightly rejected plea for condonation of delay. Appeal dismissed by Appellate Tribunal on ground of limitation, not warranting interference.

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Delay of 466 days in filing appeal deemed inordinate and ...

Inordinate 466-day delay in appeal filing rejected. Financial crunch plea not accepted given substantial income. Delay condonation rightly denied. Appeal dismissed on limitation ground.

Case Laws Insolvency and Bankruptcy

August 2, 2024

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