The NCLAT rejected the application for condonation of 166 days' ...

NCLAT dismisses delay condonation plea, cites applicant's negligence in curing defects.

January 21, 2025

Case Laws IBC AT

The NCLAT rejected the application for condonation of 166 days' delay in refiling a Company Appeal. The reasons cited by the Applicant, such as bereavement, court vacations, and repeated corrections due to defects pointed out by the Registry, were found unacceptable. The NCLAT held that the Applicant exhibited inertia, lethargy, and negligence in curing the defects promptly, and the grounds for condonation of delay were insufficient.

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The NCLAT rejected the application for condonation of 166 days' ...

NCLAT dismisses delay condonation plea, cites applicant's negligence in curing defects.

January 21, 2025

Case Laws IBC AT

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