SC upholds NCLAT's rejection of condonation of delay in refiling Company Appeal under IBC Section 61The SC dismissed the civil appeals challenging the NCLAT order that rejected the appellant's application for condonation of delay in re-filing a Company Appeal under the IBC. The Court found no merit in interfering with the NCLAT's decision to dismiss the appeal as time-barred. Consequently, the appeals were dismissed, and any pending applications were disposed of.

The Supreme Court, through Hon'ble Justices Dipankar Datta and Augustine George Masih, dismissed the civil appeals challenging the National Company Law Appellate Tribunal's (NCLAT) order dated 19th March 2025. The NCLAT had rejected the appellant's application for condonation of delay (I.A. No.1093/2025) in re-filing Company Appeal (AT) (Insolvency) No. 319 of 2025, holding the appeal time-barred. Upon hearing the appellant's counsel, the Court found "no reason to interfere" with the NCLAT's decision and accordingly dismissed the appeals, disposing of any pending applications.

Condonation of delay in filing appeal - sufficient cause for delay or not - HELD THAT:- There are no reason to interfere - The civil appeals are, accordingly, dismissed. SARISH MITTAL Versus NIPAN BANSAL
IBC
2025 (7) TMI 1829 - SC Order - TMI
SUPREME COURT - SC
Dated:- 18-7-2025
CIVIL APPEAL NOS. 7691-7692/2025 - -
Insolvency & Bankruptcy
HON'BLE MR. JUSTICE DIPANKAR DATTA And HON'BLE MR. JUSTICE AUGUSTINE GEORGE MASIH For the Appellant : Mr. Rajat Bhardwaj, AOR Ms. Ankita M Bhardwaj, Adv. Mr. Kaustubh Khanna, Adv. Mr. Saurav Kakroda, Adv ORDER 1. Cause shown by the appellant in the application for condonation of delay I.A. No.1093/2025 in re-filing an appeal Company Appeal (AT) (Insolvency) No. 319 of 2025 was not considered sufficient by the National Company Law Appellate Tribunal at New Delhi NCLAT. The order dated 19th March, 2025 passed by the NCLAT dismissing the appeal as time-barred is under challenge in these appeals. 2. Heard learned counsel for the appellant. We find no reason to interfere. 3. The civil appeals are, accordingly, dismissed. 4. Pending application(s), if any, shall stand disposed of.
Case laws, Decisions, Judgements, Orders