https://www.taxtmi.com/caselaws?id=467150 Condonation of a 26 day delay in filing the Resolution Professional's repayment-plan report under the insolvency framework is permissible where the delay arose from the personal guarantor's non-cooperation, was not deliberate, and did not cause procedural prejudice; the report may therefore be taken on record to enable merits-based adjudication. The appellate analysis applied the standard assessing inordinate or deliberate delay and prejudice, found none, and affirmed admission of the belated report, resulting in dismissal of the appeals and allowing the dispute to proceed on substantive grounds. en-us Mon, 03 Jun 2024 00:00:00 +0530 Sat, 07 Mar 2026 22:06:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467150 Condonation of a 26 day delay in filing the Resolution Professional's repayment-plan report under the insolvency framework is permissible where the delay arose from the personal guarantor's non-cooperation, was not deliberate, and did not cause procedural prejudice; the report may therefore be taken on record to enable merits-based adjudication. The appellate analysis applied the standard assessing inordinate or deliberate delay and prejudice, found none, and affirmed admission of the belated report, resulting in dismissal of the appeals and allowing the dispute to proceed on substantive grounds. Case-Laws IBC Mon, 03 Jun 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467150