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of <h1>Appeal Dismissed: Timely Filing Essential for Company Law Cases</h1> <h3>Bengal Chemists And Druggists Association Versus Kalyan Chowdhury</h3> Bengal Chemists And Druggists Association Versus Kalyan Chowdhury - 2018 AIR 807, 2018 (2) SCR 1099, 2018 (3) SCC 41, 2018 (2) JT 462, 2018 (2) SCALE 406 Issues:1. Appeal against order of National Company Law Appellate Tribunal dismissed as not maintainable due to delay.2. Interpretation of Section 421(3) and Section 433 of the Companies Act, 2013 regarding limitation and applicability of Section 5 of the Limitation Act.3. Comparison with judgments in similar cases under different statutes.4. Applicability of Section 5 of the Limitation Act in special provisions of the Companies Act, 2013.Analysis:1. The appeal before the Supreme Court challenged the dismissal by the National Company Law Appellate Tribunal due to delay in filing. The Tribunal dismissed the appeal as not maintainable because it was filed 9 days after the initial 45-day limitation period and a further 45-day period had also expired.2. The appellant's counsel argued that Section 421(3) of the Companies Act, 2013, does not contain language similar to the Arbitration Act, 1996, and that Section 433 of the Act allows for the application of the Limitation Act, 1963, including Section 5 to condone delays beyond 90 days. However, the Court found that the special provision in Section 421(3) prevails over the general provisions of the Limitation Act.3. The Court referred to the judgment in Chhattisgarh SEB v. Central Electricity Regulatory Commission, which held that special provisions like Section 125 of the Electricity Act, 2003, do not allow for the invocation of Section 5 of the Limitation Act beyond the specified time limits. The Court also distinguished other judgments cited by the appellant that were not applicable in the present case.4. It was emphasized that the second 45-day period provided in Section 421(3) is peremptory and cannot be extended beyond, even with the application of Section 5 of the Limitation Act. The absence of specific language as in the Arbitration Act, 1996, does not affect the mandatory nature of the provision. Consequently, the Court upheld the dismissal of the appeal, finding no reason to interfere with the Tribunal's judgment.
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