The NCLAT emphasized that under the IBC, strict adherence to the appeal timeline is necessary, and the tribunal has no discretion to extend the condonable period beyond 15 days. As a result, the ...
NCLAT Delhi held that as per expressed provisions of section 101 (1) of the Insolvency and Bankruptcy Code, 2016 moratorium period cannot be extended beyond 180 days. Accordingly, appeal dismissed.
An official with WhatsApp chat service said Israeli spyware company Paragon Solutions had targeted scores of its users.
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