https://www.taxtmi.com/caselaws?id=767522 The NCLAT Principal Bench dismissed an application for condonation of 139 days delay in refiling a company appeal. The tribunal found the applicant's explanations insufficient, particularly the claim that parties were unavailable for extended periods without concrete reasons. The applicant failed to adequately explain their unavailability from July to September 2024 or delays in obtaining certified copies of the impugned order. The tribunal concluded that sufficient cause for the prolonged delay was not demonstrated, requiring dismissal of the condonation application. en-us Tue, 18 Mar 2025 00:00:00 +0530 Thu, 20 Mar 2025 08:21:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=767522 The NCLAT Principal Bench dismissed an application for condonation of 139 days delay in refiling a company appeal. The tribunal found the applicant's explanations insufficient, particularly the claim that parties were unavailable for extended periods without concrete reasons. The applicant failed to adequately explain their unavailability from July to September 2024 or delays in obtaining certified copies of the impugned order. The tribunal concluded that sufficient cause for the prolonged delay was not demonstrated, requiring dismissal of the condonation application. Case-Laws IBC Tue, 18 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=767522