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    <title>2019 (8) TMI 1383 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL, NEW DELHI</title>
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    <description>The application under Section 7 of the Insolvency and Bankruptcy Code, 2016, was admitted by the impugned order. The appeal by the Promoter offering to pay admitted dues to the Financial Creditor was dismissed due to a delay of 112 days, as the Appellate Tribunal lacked jurisdiction to condone the delay. The matter involving HDFC Bank and Home Buyers under Section 12A was presented, but the Tribunal refrained from expressing an opinion on the initial order. If the Section 12A application is not entertained, it may provide a fresh cause of action for the Appellant to challenge the earlier order.</description>
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      <description>The application under Section 7 of the Insolvency and Bankruptcy Code, 2016, was admitted by the impugned order. The appeal by the Promoter offering to pay admitted dues to the Financial Creditor was dismissed due to a delay of 112 days, as the Appellate Tribunal lacked jurisdiction to condone the delay. The matter involving HDFC Bank and Home Buyers under Section 12A was presented, but the Tribunal refrained from expressing an opinion on the initial order. If the Section 12A application is not entertained, it may provide a fresh cause of action for the Appellant to challenge the earlier order.</description>
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