NCLAT Dismisses ED’s Appeal as Time-Barred: Limitation Begins from Date of Order, Not Knowledge...

The NCLAT (National Company Law Appellate Tribunal) has dismissed the ED's (Enforcement Directorate) appeal as "time-barred," ruling that limitation begins from the "date of order, not knowledge." This significant decision clarifies the strict adherence to limitation periods for appeals, even for enforcement agencies. The NCLAT emphasized that the clock for filing an appeal starts from the date the order is passed, not from when the appealing party acquires knowledge of it. This ruling promotes timely legal action and prevents indefinite delays in challenging tribunal orders.