Supreme Court Says IBC Appeal Limitation Runs from NCLAT Pronouncement, Not Certified-Copy Receipt

The Supreme Court held that the limitation period for an appeal under Section 62 of the Insolvency and Bankruptcy Code begins when the NCLAT pronounces its order, not when a certified copy is received.

Background and legal issue

The ruling addresses a recurring procedural issue for litigants challenging appellate insolvency orders before the Supreme Court. A delayed application for a certified copy can affect whether an appeal is within time.

Court’s reasoning and procedural position

The Court treated the statutory trigger as pronouncement and distinguished the availability of an authenticated copy from the event that starts the appeal clock. Parties must act promptly rather than assume that later receipt restarts time.

Legal consequence and next step

The decision places responsibility on litigants and counsel to track pronouncement dates and comply with the Code’s strict appellate limitation framework.