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Informative

Logistical and Financial Difficulties Not Enough to Excuse 172-Day Delay in Refiling: NCLAT

Update / Judgement Date

10 Aug 2025

Source

Taxscan

Author

Team — WCP Legal Desk

Reading Time

1 min read

Appeal Against OrderInsolvency & Bankruptcy Code

The NCLAT has dismissed an appeal, ruling that "logistical and financial difficulties are not enough to excuse a 3-day delay in refiling." The tribunal’s decision reinforces the strict deadlines for filing appeals. The ruling signals that the tribunal will not condone a prolonged delay, even for reasons that may seem valid. This judgment is a crucial reminder to companies and their legal teams to be diligent in their filings.