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Brij Ballabh Chandak & Ors vs Shanti Sagar Realty India Private ...

National Company Law Appellate Tribunal16 January 2026

Ratio decidendi

The rule this decision rests on

The reasoning here is confined to limitation and condonation of delay. The court holds that the day on which the impugned order was passed is excluded when computing the limitation period, so that the period runs from the following day, and on that computation the appeal, filed on the 45th day, falls within the condonable period. It further holds that where the appellants are homebuyers and have shown sufficient reasons in their application, sufficient cause is established and the delay is condoned.

Written by Miss Lucy from the judgment below, not taken from a headnote.

Judgment

As delivered

NATIONAL COMPANY LAW APPELLATE TRIBUNAL PRINCIPAL BENCH, NEW DELHI Company Appeal (AT) (Ins) No. 1920 of 2025 & I.A. No. 7475 of 2025 IN THE MATTER OF: Brij Ballabh Chandak & Ors. ...Appellants Versus Shanti Sagar Reality India Pvt. Ltd. ...Respondents

Present: For Appellant : Ms. Arati Agarwal, Ms. Nehal Anchila and Mr. Alok Kumar, Advocates. For Respondents : Present but appearance not marked.

ORDER

(Hybrid Mode)

16.01.2026: I.A. No. 7475 of 2025

This is an application condonation of 15 days delay in filing the appeal.

Counsel for the respondent submits that delay in filing the appeal is 16 days

since the order was passed on 25.08.2025 and it has been e-filed on

10.10.2025. Ld. Counsel for the respondent further submits that there are no

explanation given for even 15 days delay in the application.

2. We have considered submissions of the parties and perused the record.

3. The order was passed on 25.08.2025 and the appeal has been e-filed on

10.10.2025 the day on which the order was passed has to be excluded for

computation of limitation and computing the limitation from 26.08.2025 the

appeal is filed on 45th day. Thus, the application is within condonable period.

The appellant are homebuyers who have been given sufficient reasons in

paragraph-4 to 9 of the application. We find sufficient cause shown. Delay is

condoned.

CA (AT) (Ins) No. 1920 of 2025

4. Issue Notice.

5. Ld. Counsel for the respondent no.1 appears and accepts notice. He is

allowed three weeks time to file a Reply-Affidavit.

6. Rejoinder, if any, may be filed within two weeks, thereafter.

List on 11.03.2026.

[Justice Ashok Bhushan] Chairperson

[Barun Mitra] Member (Technical) harleen/MD

2 of 2 Company Appeal (AT) (Ins) No. 1920 of 2025

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