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    <title>2024 (12) TMI 1628 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL, PRINCIPAL BENCH, NEW DELHI</title>
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    <description>NCLAT (Principal Bench) rejected the appeal as barred by limitation under Section 421, Companies Act, 2013, holding that the SC decision relied on was fact-specific and did not address maintainability of time-barred appeals. The tribunal found no basis to initiate contempt proceedings against the respondent for late filing of a reply, allowed time for rejoinder, and noted the delay-condonation application and reply were already heard and disposed by the tribunal&#039;s judgment dated 21.10.2024; no relief granted and the application was dismissed.</description>
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      <link>https://www.taxtmi.com/caselaws?id=463674</link>
      <description>NCLAT (Principal Bench) rejected the appeal as barred by limitation under Section 421, Companies Act, 2013, holding that the SC decision relied on was fact-specific and did not address maintainability of time-barred appeals. The tribunal found no basis to initiate contempt proceedings against the respondent for late filing of a reply, allowed time for rejoinder, and noted the delay-condonation application and reply were already heard and disposed by the tribunal&#039;s judgment dated 21.10.2024; no relief granted and the application was dismissed.</description>
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