Step-by-step guidance

1. File an appeal with the National Company Law Appellate Tribunal (NCLAT) within 30 days of the date of the NCLT order.
2. Pay the required filing fees.
3. Serve a copy of the appeal on the NCLT and the other parties to the case.
4. Prepare and submit a written statement of your grounds for appeal.
5. Attend the hearing of your appeal before the NCLAT.
6. Await the decision of the NCLAT.

Is it mandatory to approach higher judicials for the same?

No, it is not mandatory to approach higher judicials for an appeal against an NCLT order. The NCLAT is the final appellate authority in matters related to the Insolvency and Bankruptcy Code, 2016 (IBC).

Applicable sections

The following sections of the IBC are applicable to appeals against NCLT orders:

• Section 61: Appeals to the National Company Law Appellate Tribunal
• Section 62: Appeals to the Supreme Court

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