https://www.taxtmi.com/caselaws?id=406377 The appeal regarding compliance with an order by the National Company Law Tribunal was dismissed. The Corporate Debtor failed to file a reply affidavit within the specified time frame despite extensions, citing reasons such as the pandemic and professional negligence. The Tribunal affirmed the Impugned Order, noting the delay in filing the appeal and lack of grounds for interference. The Appellant's request to set aside imposed costs and reopen the right to file a reply affidavit was rejected. The decision highlighted non-compliance with orders, delay in seeking remedy, and lack of justification for overturning the initial order. en-us Fri, 09 Apr 2021 00:00:00 +0530 Mon, 12 Apr 2021 10:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=406377 The appeal regarding compliance with an order by the National Company Law Tribunal was dismissed. The Corporate Debtor failed to file a reply affidavit within the specified time frame despite extensions, citing reasons such as the pandemic and professional negligence. The Tribunal affirmed the Impugned Order, noting the delay in filing the appeal and lack of grounds for interference. The Appellant's request to set aside imposed costs and reopen the right to file a reply affidavit was rejected. The decision highlighted non-compliance with orders, delay in seeking remedy, and lack of justification for overturning the initial order. Case-Laws Insolvency and Bankruptcy Fri, 09 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=406377