2025 (8) TMI 1739

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.... Kumar Sharma, Member (Judicial) These are two Company Appeals which engage consideration of an almost similar question of fact. Company Appeal (AT) (CH) (Ins) No. 363/2025, is accompanied with a Condone Delay application, where the Appellant has sought a condonation of 11 days of delay that has chanced in preferring the appeal. The appeal itself was e-filed on 03.06.2025, and as per the explanation given in para 3(d) the delay in filing of the appeal has chanced because of the fact that the Appellant has filed Application seeking recall of the order dated 23.04.2025 which later on stood rejected by an order of 06.05.2025. Taking the aforesaid reasons to be reasonable, the Condone Delay application, being IA No. 1090/2025 is allowe....

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....o file the documents showing invocation of the bank guarantee and all the relevant supporting documents, as it was required. At the same time, it had proceeded to impose a cost of Rs. 50,000 to be deposited by the Financial Creditor (FC) with the Prime Minister's relief fund and had also issued direction that, the order thus passed by the Tribunal was also to be communicated by the Registry of NCLT to the Chairperson and the Managing Director of The State Bank of India and the General Manager of the Stressed Asset Management Branch (SAMB), so as to ensure proper supervision and compliance in the conduct of proceedings before the learned NCLT. Heard counsel for the Appellant. So far, as the issue pertaining to the adverse remarks made....