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M/S Sone Obra Enterprises Pvt Ltd vs J Umashanker & Co. Pvt. Ltd

National Company Law Appellate Tribunal3 March 2023

Ratio decidendi

The rule this decision rests on

The delay in re-filing a memo of appeal that was returned by the Registry for defects may be condoned where the appellant shows sufficient cause for the delay, namely personal exigency of the appellant's representative and the remote location of the appellant company, and the court is satisfied that those reasons are sufficient.

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

Judgment

As delivered

THE NATIONAL COMPANY LAW APPELLATE TRIBUNALPRINCIPAL BENCH, NEW DELHIInterlocutory Application No.915/2023Un-numbered Company Appeal (AT) (Insolvency) No.___/2023F.No.02.02.2023/NCLAT/UR/00516In the matter of:

Sone Obra Enterprises Pvt. Ltd. .... Appellant

Vs.

J. Umashankar & Company Pvt. Ltd. .... Respondent

Appearance: Shivam Kumar, Advocate for the Appellant.

3rd March, 2023

This is an application to extend the time granted for curing the defects.

2. The facts of the case are that the Appellant filed the Memo of Appeal on 24.01.2023 and the Office after scrutiny of the Memo of Appeal on 02.02.2023, intimated the defects to the Appellant on the same day and returned the Memo of Appeal to the Appellant on 03.02.2023. The Appellant re-filed the Memo of Appeal on 24.02.2023. It is stated in the Interlocutory Application (IA) that as the Appellant had to travel due to some personal exigency and further the Authorized representative of the Appellant is an old age person and the Appellant Company is situated in far away region, the Appellant was not able to file the present Appeal within the prescribed limitation period. Hence, there is delay of 16 days in re- filing the Memo of Appeal, so the same may be condoned. However, as per Registry there is delay of 15 days.

3. Heard learned Counsel appearing for the Appellant and perused the averments made in the IA as well as Office report.

4. Considering the submissions made on behalf of the Appellant and for the reasons mentioned in the IA, which are sufficient, the delay in re- filing the Memo of Appeal is hereby condoned.

5. As prayed, list the case before the Hon'ble Bench under the heading 'for admission (fresh case)'.

6. With the aforesaid order, this IA stands disposed of.

(Peeush Pandey) Registrar

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