In the matter of Deputy Commissioner of Income Tax Circle -16(2), Hyderabad Vs. Deccan Chronicle Holdings Ltd. CA(AT)(Ins) No. 1091 of 2019

In the matter of Deputy Commissioner of Income Tax Circle -16(2), Hyderabad Vs. Deccan Chronicle Holdings Ltd. CA(AT)(Ins) No. 1091 of 2019

Insolvency & Bankruptcy

This Appellate Tribunal has no jurisdiction to extend time beyond that. The appeal is accordingly dismissed as being hit by limitation.

The appeal is hopelessly time barred. On its own showing the Appellant became aware of the Impugned Order on the 3rd June, 2019, a fact eloquently borne out by I.A. No. 3324/2019 seeking condonation of delay of 102 days in preferring the instant appeal. Section 61(2) of the Insolvency and Bankruptcy Code, 2016 prescribes 30 days’ time for preferring of appeal with further provision for condonation of delay not exceeding 15 days. This Appellate Tribunal has no jurisdiction to extend time beyond that. The appeal is accordingly dismissed as being hit by limitation.



[Justice Bansi Lal Bhat]


Member (Judicial)


[Justice Venugopal M.]


Member (Judicial)



[V. P. Singh]


Member (Technical)

LEGAL REFERENCES
Form 16 Section 30 IBC Section 61(2)
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