SASMITA KUMARI SADANGI, a Suspended Director of Yellowstone EV Power Pvt. Ltd. (Corporate Debtor), filed a Company Appeal challenging an NCLT order dated 20.02.2026 that admitted the Corporate Debtor into CIRP under Section 7 of the I&B Code, 2016. The appeal was accompanied by a Condone Delay Application (IA No. 676/2026) seeking condonation of a 13-day delay in filing.
SASMITA KUMARI SADANGI, a Suspended Director of Yellowstone EV Power Pvt. Ltd., filed a Company Appeal (AT) (CH) (Ins) No. 238/2026.
The appeal challenges an NCLT, Chennai Bench order dated 20.02.2026 in CP (IB) No. 101(CHE)/2025, which admitted Yellowstone EV Power Pvt. Ltd. into CIRP under Section 7 of the I&B Code, 2016.
The appeal is accompanied by a Condone Delay Application (IA No. 676/2026) seeking condonation of a 13-day delay.
The Appellant contended that the limitation period should be computed from the date of uploading the impugned order (24.02.2026), making the delay 13 days and condonable under Section 61(2) proviso.
The Registry reported a delay of 17 days, calculated from the date of pronouncement of the impugned order (20.02.2026).
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Matter heard on merits…
NCLT, Chennai Bench pronounced order admitting…
SASMITA KUMARI SADANGI, a Suspended Director of Yellowstone EV Power Pvt. Ltd. (Corporate Debtor), filed a Company Appeal challenging an NCLT order dated 20.02.2026 that admitted the Corporate Debtor into CIRP under Section 7 of the I&B Code, 2016. The appeal was accompanied by a Condone Delay Application (IA No. 676/2026) seeking condonation of a 13-day delay in filing.
SASMITA KUMARI SADANGI, a Suspended Director of Yellowstone EV Power Pvt. Ltd., filed a Company Appeal (AT) (CH) (Ins) No. 238/2026.
The appeal challenges an NCLT, Chennai Bench order dated 20.02.2026 in CP (IB) No. 101(CHE)/2025, which admitted Yellowstone EV Power Pvt. Ltd. into CIRP under Section 7 of the I&B Code, 2016.
The appeal is accompanied by a Condone Delay Application (IA No. 676/2026) seeking condonation of a 13-day delay.
The Appellant contended that the limitation period should be computed from the date of uploading the impugned order (24.02.2026), making the delay 13 days and condonable under Section 61(2) proviso.
The Registry reported a delay of 17 days, calculated from the date of pronouncement of the impugned order (20.02.2026).
…Matter heard on merits…
NCLT, Chennai Bench pronounced order admitting…