Limitation period under Section 61 IBC to file appeal runs from day of pronouncement of order, not date of uploading order: Supreme Court The Apex Court said “A party’s failure to file an application to obtain a certified copy of the order immediately after pronouncement denies him the right of extending limitation period on account of delay in upload”. The thirty-day limitation period prescribed by Section 61(2) of the Insolvency and Bankruptcy Code (IBC) to file an appeal against a decision of National Company Law Tribunal begins from the date of pronouncement of the order in the open court and not the date of the order being uploaded. The legal experts at Reddy and Reddy law firm specialise in handling dispute related to Insolvency and bankruptcy laws.
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