https://www.taxtmi.com/caselaws?id=771491 NCLAT Chennai dismissed an appeal challenging delay condonation under Section 421(3) of Companies Act, 1956. The maximum limitation period including extension is 90 days. Appellant failed to file appeal within prescribed time limit expiring 26.12.2017, instead filing certified copy application only on 25.10.2024, creating actual delay of 2659 days rather than claimed 25 days. The court held limitation runs from judgment date, not certified copy receipt date. Appellant's lack of diligence in monitoring proceedings despite prior participation rendered delay inexcusable and beyond statutory condonation scope. en-us Wed, 30 Apr 2025 00:00:00 +0530 Tue, 27 May 2025 08:32:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=771491 NCLAT Chennai dismissed an appeal challenging delay condonation under Section 421(3) of Companies Act, 1956. The maximum limitation period including extension is 90 days. Appellant failed to file appeal within prescribed time limit expiring 26.12.2017, instead filing certified copy application only on 25.10.2024, creating actual delay of 2659 days rather than claimed 25 days. The court held limitation runs from judgment date, not certified copy receipt date. Appellant's lack of diligence in monitoring proceedings despite prior participation rendered delay inexcusable and beyond statutory condonation scope. Case-Laws Companies Law Wed, 30 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=771491