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Issues: Whether the time granted for curing defects in the appeal was liable to be extended under Rule 26(3) of the NCLAT Rules, 2016.
Analysis: The appeal had been initially presented within the statutory period under Section 421(3) of the Companies Act, 2013. Although the papers were returned for curing defects and were re-presented one day beyond the time allowed under Rule 26(2) of the NCLAT Rules, 2016, both the original filing and the re-presentation remained within the overall limitation period. In these circumstances, the power under Rule 26(3) could be exercised to extend the time for curing defects.
Conclusion: The time granted for curing defects was extended, and the application was allowed.