Miss Lucy
← All judgments

Coimbatore Gem & Jewellry Industry Pvt. ... vs The Registrar Of Companies, Tamil Nadu ...

National Company Law Appellate Tribunal3 October 2018

Ratio decidendi

The rule this decision rests on

The Appellate Tribunal has no jurisdiction to condone a delay in filing an appeal under Section 421 of the Companies Act, 2013 beyond the 45-day extended period permitted by sub-section (2) of that section, and an appeal filed after that outer limit is therefore barred by limitation and must be dismissed.

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

Judgment

As delivered

NATIONAL COMPANY LAW APPELLATE TRIBUNAL, NEW DELHICompany Appeal(AT) No. 333 of 2018IN THE MATTER OF:

Coimbatore Gem & Jewellry ...Appellant Industry Pvt. Ltd.

Vs

The Registrar of Companies, ....Respondent Tamil Nadu, Coimbatore

Present:

For Appellant: None.

For Respondent: None.

ORDER

03.10.2018 Earlier when the matter was taken up on 26th September,

2018, nobody appeared and following order was passed:

"In spite of repeated calls, no body appears on behalf of the appellant. To give another opportunity to the appellant, the matter(s) is adjourned.

Post the case 'for Admission (Fresh Case)' on 3rd October, 2018."

Today also in spite of repeated calls nobody appears on behalf of the

Appellant.

This appeal has been preferred under Section 421 of Companies Act, 2013

after a delay of 198 days. As per sub section (2) of Section 421 of Companies Act,

2013, no appeal can be entertained by this Appellate Tribunal if it is filed beyond

45 days in addition to 45 days' time granted to file the appeal. For the said reason,

Company Appeal(AT) No. 333 of 2018 Page 1 of 2 this Appellate Tribunal having no jurisdiction, the delay cannot be condoned.

Petition for condonation of delay is accordingly dismissed and in result, the appeal

is dismissed being barred by limitation.

I.A. No. 1541 of 2018 stands disposed of.

[Justice S.J. Mukhopadhaya] Chairperson

[Justice Bansi Lal Bhat] Member (Judicial) Akc/Gc

Company Appeal(AT) No. 333 of 2018 Page 2 of 2

This page reproduces a public judgment and a summary of it. It is research material, not legal advice, and it is no substitute for advice from an advocate on your own facts.

Research this judgment with Miss Lucy

Ask what it holds, what has followed it, and what it means for your matter — in plain English, with the citations.

Try Miss Lucy free