Prudeta
Prudeta
2026 INSC 629
📌 Paras 1, 3
The appellant, a liquidator of a corporate debtor, filed an appeal under Section 62 of the Insolvency and Bankruptcy Code, 2016 (IBC) against an order of the National Company Law Appellate Tribunal (NCLAT). The appeal was filed beyond the prescribed limitation period, with an initial delay of 7 days and a further delay of 82 days in re-filing after curing defects. Applications for condonation of these delays were filed.
📌 Para 4
Whether the delay in filing and re-filing the appeal under Section 62 of the IBC, beyond the statutory period of 60 days (45 days + 15 days grace period), can be condoned by the Court.
📌 Paras 4, 5, 6, 7, 8, Chunk 2 Summary
The Court held that the scheme of l
The bench further analyzed the constitutional validity of the impugned provisions and discussed the interpretation of Articles 14 and 21 in light of recent precedents...
Citing the ratio in prior decisions, the court held that the legislative intent was to ensure...
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