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IBC - Highlights / Catch Notes

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NCLAT determined the condonation of 154-day delay in refiling an ...


Legal Challenge Overcomes Procedural Delay Through Comprehensive Evidence and Proactive Efforts in Appeal Refiling Process

April 10, 2025

Case Laws     IBC     AT

NCLAT determined the condonation of 154-day delay in refiling an appeal, evaluating the sufficiency of cause. Despite geographical dispersion of appellants across multiple states, the tribunal found substantive evidence demonstrating genuine efforts to cure procedural defects. The court adopted a liberal interpretative approach, recognizing the applicant's proactive steps in addressing filing irregularities. Ultimately, the tribunal concluded that sufficient cause was demonstrated through additional affidavits and supporting documentation, thereby condoning the procedural delay and permitting the appeal's refiling.

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