Appeal Dismissed for Late Filing: Lack of Justification for Delay

The National Company Law Appellate Tribunal in New Delhi dismissed an appeal for being filed 7 days beyond the prescribed 14-day period, citing that confusion over order communication cannot justify condonation. The appeal was rejected due to insufficient cause and cogent reason.

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The National Company Law Appellate Tribunal in New Delhi dismissed an appeal due to a delay of 7 days beyond the prescribed period of 14 days for filing. The Tribunal stated that confusion about communication of the order cannot be a ground for seeking condonation as the liquidation process is time-bound. The appeal was dismissed for lack of sufficient cause and cogent reason.

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