(1) The Central Government or any State Government or any local authority or any enterprise or any person aggrieved by any direction, decision or order referred to in clause (a) or clause (b) or clause (c) of section 53A may prefer an appeal to the National Company Law Appellate Tribunal.

(2) Every appeal under sub-section (1) shall be filed within a period of sixty days from the date on which a copy of the direction or decision or order made by the Commission is received by the Central Government or the State Government or local authority or enterprise or person referred to in that sub-section and it shall be in such form and be accompanied by such fees as may be prescribed:

Provided that the National Company Law Appellate Tribunal may entertain an appeal after the expiry of the said period of sixty days if it is satisfied that there was sufficient cause for not filing it within that period.

(3) On receipt of an appeal under sub-section (1), the National Company Law Appellate Tribunal may, after giving the parties to the appeal an opportunity of being heard, pass such orders thereon as it thinks fit, confirming, modifying or setting aside the direction, decision or order appealed against.

(4) Any person aggrieved by any decision or order of the National Company Law Appellate Tribunal may file an appeal to the Supreme Court within sixty days from the date of communication of the decision or order of the National Company Law Appellate Tribunal to him on one or more of the grounds specified in section 100 of the Code of Civil Procedure, 1908 (5 of 1908):

Provided that the Supreme Court may, if it is satisfied that the applicant was prevented by sufficient cause from filing the appeal within the said period, allow it to be filed within a further period not exceeding sixty days.