#Insolvency and Bankruptcy Law

The Supreme Court ruled that limitation for appeals under Section 62 IBC starts from the NCLAT order date, not receipt of the certified copy. A delay in obtaining the copy cannot be excused if the appeal is filed after limitation has commenced, impacting parties challenging NCLAT rulings.

The Bombay High Court held IBC Section 96(4) applies retrospectively, lifting the interim moratorium on secured asset recovery from May 26, 2026. This lets banks and financial institutions enforce security interests in insolvency cases without the stay.