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Naresh Jain vs Jmc Metals Private Limited & Anr

National Company Law Appellate Tribunal12 October 2023Ashok Bhushan

Ratio decidendi

The rule this decision rests on

The delay in refiling a restoration application may be condoned where the applicant shows sufficient cause, here a file misplaced in the applicant's advocate's office. Non-prosecution of an appeal may be set aside and the appeal restored to its original number where the applicant shows sufficient cause for the non-appearance, here the unavailability of the counsel, who was based in Mumbai, due to personal exigencies on the date of hearing.

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. 16 of 2023 inCompany Appeal (AT) (Insolvency) No.599 of 2023& I.A. No. 4629 of 2023IN THE MATTER OF:

Naresh Jain ...Appellant

Versus

JMC Metals Pvt. Ltd. & Anr. ...Respondents

Present: For Appellant: Mr. Vasu Goyal, Advocate.

For Respondents: Ms. Diksha Dadu and Mr. Sunil Fernandes, Advocates.

ORDER

12.10.2023: I.A. No. 4629 of 2023: This is an application praying for

condonation of 65 days' delay in refiling the Restoration Application. The

ground taken in the application is that the file was misplaced in the office of

the advocate of the applicant. Cause shown sufficient, refiling delay is

condoned.

This is an application for restoration of appeal. It is submitted that

Appeal was earlier dismissed for non-prosecution on 23.05.2023. The ground

taken in the affidavit is that the Counsel who was appearing in the case was

from Mumbai and due to certain personal exigencies could not travel to Delhi

on the said day. We allow Restoration Application. Appeal is restored to its

original number.

Cont'd.../ -2-

List the Appeal on 06.11.2023.

[Justice Ashok Bhushan] Chairperson

[Barun Mitra] Member (Technical)

[Arun Baroka] Member (Technical) Archana/nn

Restoration Application No. 16 of 2023 in Company Appeal (AT) (Insolvency) No.599 of 2023

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