If 45th day for filing the Appeal under Section 61 of IBC is a Holiday, whether the Appeal can be treated to be within time when it is filed on the date when Court reopens – State Bank of India Vs. Darwin Platform Infrastructure Ltd. and Ors. – NCLAT New Delhi
In this important judgment, Hon’ble NCLAT clarified method of calculation of period of limitation for filing of appeal under Section 61 within 30 days and condonable period of 15 days.