Mr. Rohit Ramhari Ganage vs Idbi Bank Ltd
- CitationComp. App. (AT) (Ins) No. 989 of 2026
Ratio decidendi
The rule this decision rests on
Under Rule 48(2) of the NCLT Rules, 2016, an application to restore a petition dismissed for default must be filed within thirty days of the dismissal, and the Tribunal may restore only on satisfaction that there was sufficient cause for the applicant's non-appearance. Where a restoration application is filed beyond the thirty-day period, delay may be condoned under Section 5 of the Limitation Act, 1963, on a showing of sufficient cause for the delay. An appellate challenge to an order allowing restoration will not be entertained where the restoration order rests on a finding of sufficient cause for non-appearance and for the delay in filing, and no infirmity is shown in that finding.
Written by Miss Lucy from the judgment below, not taken from a headnote.
Judgment
As delivered
IN THE MATTER OF: Rohit Ramhari Ganage ...Appellant(s)
Versus
IDBI Bank Ltd. Through Resolution Professional Mr. Indrajit Mukerjee ...Respondent(s)
Present: For Appellant(s) : Mr. Abhijeet Sinha, Sr. Advocate with Mr. Himanshu Satija, Mr. Pranav Saigal and Mr. Anshul Rao, Advocates.
For Respondent(s) : None.
ORDER
(Hybrid Mode)
26.05.2026 This Appeal has been filed against the order dated
09.04.2026 passed in Restoration Application No. 30 of 2026. The application
filed under Section 95 was dismissed for non-appearance of the Counsel on
14.01.2026. Restoration Application No. 30 of 2026, which has been allowed
by the impugned order dated 09.04.2026, reads as follows:
"Restoration Application/30/2026-
1. The present Application is filed seeking restoration of C.P.(IB) No. 366(MB)/2023, which was dismissed for non-prosecution by order dated 14.01. 2026. It is submitted that the on 14.01.2026, due to a sudden medical emergency suffered by the Applicant's counsel, appearance could not be made, resulting in dismissal of the Petition. The non-appearance was neither deliberate nor due to negligence, but was caused by circumstances beyond control. The dismissal is based on a solitary instance of non- appearance, and if allowed to stand, would cause grave prejudice to the Applicant.
2. Considering that the request appears to be genuine and necessary, the matter is directed to be restored to its original number. Accordingly, Restoration Application No. 30/2026 is allowed. The CP may be listed on 03.06.2025."
2. Ld. Counsel for the Appellant submitted that the Applicant itself has
prayed for condonation of the delay in filing the Restoration Application since
the application was filed after 30 days.
3. We have considered the submissions of the Ld. Counsel for the
Appellant and perused the application.
4. The Application has been filed for Restoration to recall the order by
which application was dismissed for non-prosecution. It contains the
explanation as to why the application is filed with a delay of 21 days. The
reason given in the application is that the Applicant's Counsel had a sudden
medical emergency, due to which he could not appear and plead the matter
before Court. We do not find any ground on which this Tribunal can exercise
its Appellate Jurisdiction with respect to an order by which the restoration
application has been allowed.
5. Ld. Counsel for the Appellant submitted that under Rule 48, when
application is filed beyond 30 days, it cannot be entertained. Rule 48 provides
as follows:
"1) Where on the date fixed for hearing of the petition or application or on any other date to which such hearing may be adjourned, the applicant does not appear when the petition or the application is called for hearing, the Tribunal may, in its discretion, either dismiss the application for default or hear and decide it on merit.
2 of 5 (2) Where the petition or application has been dismissed for default and the applicant files an application within thirty days from the date of dismissal and satisfies the Tribunal that there was sufficient cause for his non-appearance when the petition or the application was called for hearing, the Tribunal shall make an order restoring the same:
Provided that where the case was disposed of on merits the decision shall not be re-opened."
6. When we look into the Restoration Application, the affidavit filed by the
Applicant gives the reasons as to why the application was not filed within 30
days. In Para-3 of the application, following was stated:
"3. The captioned Company Petition was dismissed for non-prosecution vide order dated 14.01.2026. The present Restoration Application ought to have been filed within 30 days, i.e., on or before 13.02.2026; however, it is being filed on 06.03.2026, resulting in a delay of 21 days. The delay occurred as the case papers were required to be sent to the Applicant Bank's concerned office at Pune for necessary approvals and instructions before filing. The delay is bona fide and not intentional, and the Applicant therefore prays that this Hon'ble Tribunal may kindly condone the delay of 21 days in filing the present Application."
7. Further in Para-14 of the application again details reasons have been
given, which is as follows:
"14. It is respectfully submitted that the captioned Company Petition came to be dismissed for non- prosecution by order dated 14.01.2026. Under Rule 48(2) of the National Company Law Tribunal Rules, 2016, the present application ought to have been filed within 30 days, i.e., on or before 13.02.2026. However, the present Restoration Application is being filed on 06.03.2026, resulting in a delay of 21 days. The delay has occurred on account of administrative and 3 of 5 procedural reasons. The Applicant Bank's concerned office handling the matter is situated at Pune, and after obtaining knowledge of the dismissal order, the relevant case papers were required to be forwarded to the said office for internal examination, approvals, and instructions. The documents were thereafter returned to the undersigned counsel for preparation and filing of the present application. Owing to the time consumed in this process of transmission of records and obtaining necessary approvals, the present application could not be filed within the stipulated period. The delay is neither intentional nor deliberate but has occurred due to bona fide administrative reasons beyond the control of the Applicant. The Applicant therefore humbly prays that this Hon'ble Tribunal may kindly be pleased to condone the delay of 21 days in filing the present Restoration Application in the interest of justice."
8. In the present case where Restoration Application was filed beyond 30
days, there was sufficient explanation given by the Applicant that why delay
of 21 days in filing Restoration Application, the Court has proceeded and
allowed the Restoration Application. We find that sufficient cause has been
shown for the delay in filing the Restoration Application. Merely on the said
ground, we are not inclined to interfere in the impugned order.
9. The application can be filed within 30 days, and any application filed
with delay, delay can be condoned under Section 5 of the Limitation Act. The
present application was filed with a delay of 21 days and there was sufficient
explanation for the delay of 21 days. We fail to find any fault with the order of
the Court allowing the Restoration Application. We are of the view that no
grounds have been made out to exercise Appellate Jurisdiction in interfering
with the order allowing the Restoration Application, when the application was
dismissed for non-prosecution.
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10. The Appeal is dismissed.
[Justice Ashok Bhushan] Chairperson
[Barun Mitra] Member (Technical) Abhishek/Manu
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