NCLT rejects appeal u/s 42 of IBC on extraordinary delay in submitting the claim before the liquidator – Assistant Commissioner, CGST & CX, Joka Division, Kolkata South Commissionerate – NCLT Kolkata Bench
January 27, 2024
Hon’ble NCLT Kolkata Bench holds that no merit in the application made by the GST department on both counts (i.e.) extraordinary delay in submitting the claim before the liquidator which is 664 days from the date the claim ought to have been filed and delay in filing this appeal before the Adjudicating Authority which is nearly four months beyond the statutory time limit, prescribed under Section 42 of IBC.