Condonation of delay and interim restraint on Form G granted while appeal against Section 7 admission proceeds.

A 6-day delay in filing the appeal was explained to the NCLAT's satisfaction and condoned. The appeal challenged admission of a Section 7 application against a corporate guarantor, and the Tribunal directed issuance of notice to the respondents for further hearing. Pending consideration of the appeal, the Tribunal granted interim protection by restraining issuance of Form G, while allowing the CIRP to continue.

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Issues: Whether the 6 days' delay in filing the appeal should be condoned, and whether notice should be issued with an interim direction restraining issuance of Form G while the appeal remained pending.

Analysis: The delay was found sufficiently explained and was condoned. The appeal, challenging admission of a Section 7 application against the corporate guarantor, was directed to be listed after notice to the respondents. Pending further consideration, the Tribunal directed that no Form G be issued, while permitting the CIRP to continue.

Outcome: Delay condoned, notice issued, and interim protection granted by restraining issuance of Form G.

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