Appeal against the Order of NCLT Shall be Filed within a Period of 30 Days

The Supreme Court (‘SC’), in a civil appeal filed before it, reiterated that an appeal against the order of National Company Law Tribunal (‘NCLT’) shall be filed before the National Company Law Appellate Tribunal (‘NCLAT’) within a period of 30 days, and the NCLAT has the power to extend the period of limitation by another 15 days.

This civil appeal was filed before the SC, under Section 62 of Insolvency and Bankruptcy Code, 2016, against the order passed by the NCLAT, wherein, after condonation of delay, a notice was issued even after delay of 388 days in filing the appeal before NCLAT.