NCLAT's refusal to condone inordinate delay in Section 421(3) appeal upheld by dismissing challenge The SC dismissed an appeal challenging NCLAT's refusal to condone delay in filing an appeal under Section 421(3) of the Companies Act, 1956. NCLAT had ...
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NCLAT's refusal to condone inordinate delay in Section 421(3) appeal upheld by dismissing challenge
The SC dismissed an appeal challenging NCLAT's refusal to condone delay in filing an appeal under Section 421(3) of the Companies Act, 1956. NCLAT had found the delay inordinate and unjustifiable, falling outside the statutory proviso's scope. The appellant failed to establish sufficient cause for the delay beyond the prescribed limitation period. The SC declined to entertain the appeal against NCLAT's order dated 30.04.2025, upholding the dismissal of the condonation application.
The Supreme Court, in a partial bench comprising Hon'ble Mr. Justice Pankaj Mithal and Hon'ble Mr. Justice K.V. Viswanathan, heard the appeal against the impugned order dated 30.04.2025 of the National Company Law Appellate Tribunal, Chennai. After considering the submissions of the appellant's counsel, the Court stated it was "not inclined to entertain the present appeal" and accordingly dismissed the appeal. All pending applications, if any, were also disposed of.
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