Tag: Section 61 IBC

NCLAT Chennai: High Court Cannot Extend Limitation After Declining Writ; Appeals by Personal Guarantors Dismissed as Time-Barred

Team Law Notify Commissions, Forums & Tribunals April 10, 2026

NCLAT _ National Company Law Appellate Tribunal _ LawNotify

April 9, 2026 : The National Company Law Appellate Tribunal (NCLAT), Chennai Bench, has ruled that a High Court cannot direct exclusion of time or condonation of delay after refusing to entertain a writ petition on the ground of availability of Read more…

NCLAT: Judicial Custody Not Ground to Extend IBC Limitation; Dismisses Delayed Appeals in Alps Leisure Liquidation

Team Law Notify Commissions, Forums & Tribunals March 28, 2026

March 27, 2026 : The National Company Law Appellate Tribunal (NCLAT), New Delhi, has dismissed two appeals arising out of the liquidation proceedings of Alps Leisure Holidays Ltd., holding that judicial custody of an appellant cannot justify extension of the Read more…

NCLAT: Liquidator Cannot Appeal Replacement Under IBC; Dismisses Challenge in Tecpro Systems Case

Team Law Notify Commissions, Forums & Tribunals March 11, 2026

March 10, 2026 : The National Company Law Appellate Tribunal (NCLAT), New Delhi has held that a liquidator cannot maintain an appeal against his replacement under the Insolvency and Bankruptcy Code (IBC), observing that removal from a statutory assignment does Read more…

NCLAT Rejects Insolvency Appeal Filed Beyond 45 Days, Says Limitation Runs from Date of Pronouncement

Team Law Notify Commissions, Forums & Tribunals February 26, 2026

February 26, 2026 : The National Company Law Appellate Tribunal (NCLAT), Principal Bench at New Delhi, has rejected an application seeking condonation of delay in filing an insolvency appeal, holding that limitation begins from the date an order is pronounced Read more…