The appeal concerns the condonation of delay in preferring an appeal under Section 42 of the I&B Code against the decision of the Liquidator rejecting the Appellant's claim. The Appellant sought to invoke Section 5 of the Limitation Act and Section 238A of the I&B Code to justify the delay.
The Appellant, Sansar Investment & Finance Company Private Limited, filed an appeal against the order of the NCLT Hyderabad Bench dismissing its application for condonation of delay.
The appeal was filed under Section 42 of the I&B Code, challenging the Liquidator's rejection of the Appellant's claim.
The Appellant sought to invoke Section 5 of the Limitation Act and Section 238A of the I&B Code to condone a significant delay of 1616 days in filing the appeal.
The Liquidator rejected the Appellant's claim, and the communication of the rejection was sent to the Appellant via email on 19.02.2020.
The NCLT Hyderabad Bench dismissed the appeal as being barred by limitation on 04.09.2024.
…Sign in to view the parties.
The Liquidator rejected the Appellant's claim,…
The Appellant was conscious of his right of…
The appeal concerns the condonation of delay in preferring an appeal under Section 42 of the I&B Code against the decision of the Liquidator rejecting the Appellant's claim. The Appellant sought to invoke Section 5 of the Limitation Act and Section 238A of the I&B Code to justify the delay.
The Appellant, Sansar Investment & Finance Company Private Limited, filed an appeal against the order of the NCLT Hyderabad Bench dismissing its application for condonation of delay.
The appeal was filed under Section 42 of the I&B Code, challenging the Liquidator's rejection of the Appellant's claim.
The Appellant sought to invoke Section 5 of the Limitation Act and Section 238A of the I&B Code to condone a significant delay of 1616 days in filing the appeal.
The Liquidator rejected the Appellant's claim, and the communication of the rejection was sent to the Appellant via email on 19.02.2020.
The NCLT Hyderabad Bench dismissed the appeal as being barred by limitation on 04.09.2024.
…The Liquidator rejected the Appellant's claim,…
The Appellant was conscious of his right of…