Mr Narasimha Vara Prasad Anala vs Registrar Of Companies
- CitationCompany Appeal (AT) (CH) No.95/2026
Ratio decidendi
The rule this decision rests on
The Tribunal, having allowed the appellant's further extension of time to comply with the earlier order, exercised its discretion to grant a two-week extension conditional on payment of ₹1 lakh as costs to a charitable institution, and it does so on the ground that this is the first occasion on which the matter has come before it, the earlier default having been dealt with by the Tribunal below.
Written by Miss Lucy from the judgment below, not taken from a headnote.
Judgment
As delivered
In the matter of: NARASIMHA VARAPRASAD ANALA Having office at Suit No. 115 and 116 Model House, Punjagutta Hyderabad - 500082 ... APPELLANT
Vs
REGISTRAR OF COMPANIES, TELANGANA, HYDERABAD Corporate Bhavan II Floor, GSI Post, Tattianaram Bandalaguda, Hyderabad - 500 068 ... RESPONDENT
Present : For Appellant : Mr. CV Shailandran, Advocate For Mr. Manivannan, Advocate
ORDER
(Hybrid Mode)
10.09.2026: This appeal is preferred seeking an extension of time for
payment of costs of ₹ 12 lakhs and also submission of annual returns, which the
learned NCLT has directed by this order dated 24.10.2024. According to the
appellant, he could not mobilize the cost amount. Therefore, he preferred an
application for extension of time before the learned NCLT in IA No. 269/2025,
and that was ordered on 31.10.2025. Pursuant to the same, 30 days time was
Company Appeal (AT) (CH) No.95/2026 Page 1 of 2 allowed with effect from 24.10.2025, granting the appellant 30 days time to
comply its earlier order. Again, there was default.
2. The appellant therefore moved IA No. 134/2026 for further extension of
time, and this time the learned NCLT lost patience and dismissed it.
3. Trusting our patience, the appellant has approached us with this appeal, for
seeking an extension of time. Since it is the first time we encounter this case, there
is still time left for us to lose patience. For the present, we allow this application,
granting appellant two weeks' time to comply with the condition, but subject to
the condition that he pays a cost of ₹ 1 Lakh and that be paid to the Adyar Cancer
Institute. Appeal disposed. Report compliance.
List on 17.09.2026 for reporting compliance of cost to Adyar Cancer Institute.
[Justice N. Seshasayee] Member (Judicial)
[Jatindranath Swain] Member (Technical)
SN/MS/AK
Company Appeal (AT) (CH) No.95/2026 Page 2 of 2
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