
Delay beyond 15 days not condonable under Section 61(2) IBC | Appeals against NCLT orders : NCLAT
NCLAT ruled that under Section 61(2) IBC an appeal must be filed within 30 days and only a 15-day condonable period is allowed. Delays beyond 15 days, even with justified reasons, will be rejected, compelling appellants such as home-buyers to act promptly.













