Angelwoods Apartment Allottees ... vs M Lalitha

The Supreme Court examined the maintainability of an appeal under Section 61 of the Insolvency and Bankruptcy Code, 2016. The case involved a delayed appeal filed by a financial creditor challenging the approval of a resolution plan by the National Company Law Tribunal. The appellant sought condonation of delay, and the Court considered procedural compliance and the scope of judicial review in insolvency resolution processes. The judgment clarified the procedural requirements and upheld the approval of the resolution plan, emphasizing the finality of NCLT orders subject to limited grounds of challenge.