IBC appeal limitation runs from NCLAT pronouncement, not collection of certified copy: Supreme Court

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Why it matters

The Supreme Court has held that the statutory limitation period for filing an appeal under the IBC begins from the date of pronouncement by the NCLAT, rather than the date of collection of a certified copy. The Court also considered the exclusion of time taken to obtain a certified copy and the impact of delay in applying for it.

Key points

The Supreme Court ruled that time for filing an IBC appeal runs from the date of NCLAT pronouncement rather than from collection of the certified copy.
The Court examined statutory appeal limitation periods and the exclusion of time spent obtaining a certified copy.
The ruling addressed the legal consequences of delay in applying for a certified copy.

What changed

Clarified that limitation for an appeal under the IBC is computed from the date of NCLAT pronouncement instead of when the certified copy is collected.

Who it affects

Litigants and legal practitioners filing appeals against orders of the NCLAT under the Insolvency and Bankruptcy Code.

Jurisdiction

India

Sources and original links

Open the links below to read the material this update is based on.

Open source report — SCC Times →

This update is based on legal reporting. An official judgment or notification link is not currently available here, so please check the official text before relying on it.

Written by Law At Ease editorial desk

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