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Mr.Shriyash Kulkarni vs M/S Shrid Metal Technologies Pvt Ltd & ...

National Company Law Appellate Tribunal23 March 2022

Ratio decidendi

The rule this decision rests on

The Appellate Tribunal may recall an order disposing of an appeal as withdrawn where the appellant establishes that counsel was not instructed to withdraw the appeal, and it may thereupon hear the appeal on merits. Where an appeal is filed beyond the thirty-day period of limitation prescribed for appeals to the Appellate Tribunal, and the appellant's own pleading shows that he acquired knowledge of the impugned order more than thirty days before filing, the appeal is barred by limitation and is liable to be dismissed on that ground.

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

Judgment

As delivered

NATIONAL COMPANY LAW APPELLATE TRIBUNALPRINCIPAL BENCH, NEW DELHIRestoration Application No. 1 of 2022in

Company Appeal (AT) (Insolvency) No. 1502 of 2019 IN THE MATTER OF: Shriyash Kulkarni ...Appellant

Versus Shrid Metal Technologies Pvt. Ltd. ...Respondent

Present: For Appellant: Advocate Filji Fredrick For Respondent:

ORDER

(Virtual Mode)

23.03.2022:

Restoration Application 1 of 2022

1. Restoration Application No. 1 of 2022 has been filed by the Appellant

praying for recall of the Order dated 2nd January, 2020 passed in Company

Appeal (AT) Ins. No. 1502 of 2019. By which Order, the Appeal was

disposed of as withdrawn. On 2nd January, 2020, following order was

passed:

Restoration Application No. 1 of 2022 In Company Appeal (AT) (Insolvency) No. 1502 of 2019 "The Appeal being barred by limitation, learned counsel for the Appellant seeks permission to withdraw the Appeal. The Appeal is accordingly disposed of as withdrawn"

2. Learned Counsel for the Appellant submits that no instruction was given

to the Counsel to withdraw the Appeal hence the Order dated 02nd

January, 2020 be recalled and heard on merit. A perusal of the Order

dated 02nd January, 2020 indicates that the Court has itself observed that

Appeal is barred by time and on that Learned Counsel for the Appellant

sought permission to withdraw the Appeal. However, in view of the

submission of the Appellant that no instruction was given to the Learned

Counsel for the Appellant to withdraw the Appeal, we recall the Order

dated 02nd January, 2020 and allow the Restoration Application No. 01 of

2022.

Company Appeal (AT) Ins. No. 1502 of 2019

1. This Appeal has been filed by the Appellant challenging the Order dated

26th July, 2019 passed by the Adjudicating Authority (National Company

Law Tribunal, Mumbai Bench) in M.A. No. 285 of 2019. The Appellant itself

in his application has indicated that the Appellant came to know about

the Order dated 26th July, 2019 on 13.09.2019. The Appeal came to be

filed on 26.11.2019 that is beyond 30 days which is the period of limitation

for filing an Appeal before the Appellate Tribunal. Appellant's case is that

he came to know about the Impugned Order on 13.09.2019 and filed the

Restoration Application No. 1 of 2022 In Company Appeal (AT) (Insolvency) No. 1502 of 2019 Appeal on 26.11.2019 which is clearly beyond time and Appeal being filed

beyond time is dismissed accordingly as barred by time.

[Justice Ashok Bhushan] Chairperson

[Dr. Alok Srivastava] Member (Technical)

[Ms. Shreesha Merla] Member (Technical)

Basant/nn

Restoration Application No. 1 of 2022 In Company Appeal (AT) (Insolvency) No. 1502 of 2019

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