2022 (7) TMI 836

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.... Adv., Mr. Sahil Chopra, Adv., Mr. Nitin Gupta, Adv. And Ms. Filza Moonis, AOR For the Respondent(s) : None ORDER DINESH MAHESHWARI, J. Having heard learned counsel for the appellant and having perused the material placed on record, we find no reason to entertain this appeal whereby the appellant, the corporate debtor, seeks to question the orders passed for restoration of a petition u....

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....nal petition and dismissal of the baseless appeal are sought to be questioned in this appeal before this Court. The grounds urged are essentially to the effect that only the application of condonation of delay was registered and the Tribunal had erred in allowing both the applications by its order dated 23.12.2021. It is also sought to be contended that the Tribunal could not have condoned the del....

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....ther provision has been brought to our notice which limits or curtails the powers of the Tribunal to condone the delay in filing the application for restoration. It needs hardly any reiteration that the rules or procedure are essentially intended to serve the cause of justice and are not for punishment of the parties in conduct of their matters. No further comments are required in that regard. ....