Several appeals (Company Appeal (AT) (Insolvency) No. 602, 603, 604, and 605 of 2018) were filed with delays exceeding 90 days against an order dated April 17, 2018. A related appeal, 'Naskar's Delco Mechanical Engineering Pvt. Ltd.’moved before this Appellate Tribunal in 'Company Appeal (AT)(Insolvency) No. 478 of 2018’after delay of 15 days. The Appellate Tribunal had previously passed an order on August 24, 2018, regarding the delay in the Naskar's Delco appeal, noting a 91-day delay from the order date and a 50-day delay from the date of knowledge. The tribunal found the explanation for the delay vague and unsubstantiated.
Electro Mech Engineers, Khurana Engineering Company, Electronic India, and Khenco Cranes and Machineries filed appeals against Electrosteel Steels Ltd. & Ors. The appeals were delayed by more than 90 days from the order dated April 17, 2018. 'Naskar's Delco Mechanical Engineering Pvt. Ltd.’ had previously filed an appeal (Company Appeal (AT)(Insolvency) No. 478 of 2018) with a 15-day delay, which was addressed in an order dated August 24, 2018. The tribunal noted a 91-day delay from the original order date and a 50-day delay from the date of knowledge in the 'Naskar's Delco' case. A resolution plan submitted by M/s. Vedanta Ltd. had already been approved by the Committee of Creditors, Adjudicating Authority, and the Appellate Tribunal in a judgment dated August 10,
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Several appeals (Company Appeal (AT) (Insolvency) No. 602, 603, 604, and 605 of 2018) were filed with delays exceeding 90 days against an order dated April 17, 2018. A related appeal, 'Naskar's Delco Mechanical Engineering Pvt. Ltd.’moved before this Appellate Tribunal in 'Company Appeal (AT)(Insolvency) No. 478 of 2018’after delay of 15 days. The Appellate Tribunal had previously passed an order on August 24, 2018, regarding the delay in the Naskar's Delco appeal, noting a 91-day delay from the order date and a 50-day delay from the date of knowledge. The tribunal found the explanation for the delay vague and unsubstantiated.
Electro Mech Engineers, Khurana Engineering Company, Electronic India, and Khenco Cranes and Machineries filed appeals against Electrosteel Steels Ltd. & Ors. The appeals were delayed by more than 90 days from the order dated April 17, 2018. 'Naskar's Delco Mechanical Engineering Pvt. Ltd.’ had previously filed an appeal (Company Appeal (AT)(Insolvency) No. 478 of 2018) with a 15-day delay, which was addressed in an order dated August 24, 2018. The tribunal noted a 91-day delay from the original order date and a 50-day delay from the date of knowledge in the 'Naskar's Delco' case. A resolution plan submitted by M/s. Vedanta Ltd. had already been approved by the Committee of Creditors, Adjudicating Authority, and the Appellate Tribunal in a judgment dated August 10,
…Date of the order…
Date from which the appellant in 'Naskar's…