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        Case ID :
        IBC

        The SC set aside the NCLAT order that had dismissed the...

        Appeal restored despite 176-day refiling delay; right to appeal Section 9 IBC proceedings upheld, costs imposed

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                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.
                                The SC set aside the NCLAT order that had dismissed the appellant's challenge to proceedings under Section 9 of the IBC for a 176-day refiling delay, condoning the delay and restoring the appeal to its original number for adjudication on merits. The Court held that the appellant must be afforded an opportunity to prefer an appeal against Section 9 proceedings. The SC retained the two cost orders previously imposed (one by the NCLT and one by the NCLAT) and imposed an additional cost of Rs.5 lakh, otherwise directing the matter to proceed in accordance with law. The appeal is disposed of.
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