# In the matter of Pravin R Navandar Vs. Deepak Anant Pednekar and Ors. CA(AT)(Ins)No. 1010 of 2020

> NCLAT judgment dated 2020-11-26. Citation: TCN-2020-NCLAT-00031. This is a Company Appeal (AT) (Insolvency) No. 1010 of 2020. The appeal concerns I.A. No.…

- **Court:** NCLAT
- **Order date:** 26 Nov 2020
- **Citation:** TCN-2020-NCLAT-00031
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclat-new-delhi/pravin-r-navandar-vs-deepak-anant-pednekar-and-ors-ca-5f1d1518

## Summary

### Background

This is a Company Appeal (AT) (Insolvency) No. 1010 of 2020. The appeal concerns I.A. No. 1018 of 2020 in C.P. (IB) 2742/MB/2019, which was heard on July 15, 2020. The order was reserved, but it had not been pronounced even after more than four months. The appellant requested the NCLAT to direct the NCLT to pronounce the order.

## Facts

Pravin R Navandar filed an appeal against Deepak Anant Pednekar and Ors. The appeal, Company Appeal (AT) (Insolvency) No. 1010 of 2020, concerned I.A. No. 1018 of 2020 in C.P. (IB) 2742/MB/2019, which was heard by the NCLT on July 15, 2020. The order was reserved, but after more than four months, the order had not been pronounced. The appellant sought a direction from the NCLAT to the NCLT to pronounce the order. The NCLAT noted the delay and the importance of adhering to the timelines under the Insolvency and Bankruptcy Code. The NCLAT disposed of the appeal by requesting the NCLT to pronounce the order expeditiously.

## Issues and analysis

### Issue 1: Whether the NCLAT should direct the NCLT to pronounce an order that has been reserved for more than …

**Ratio:** Courts should pronounce judgments expeditiously, especially in matters governed by

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**Reasoning:** The NCLAT observed that the delay in pronouncing the order was causing inordinate delay

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**Interpretation:** The interpretation is that timely adjudication is crucial, especially in

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**Application:** The NCLAT applied this principle by directing the NCLT to pronounce the

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## Parties

- **Judges:** Bansi Lal…; Anant Bijay…; +1 more
- **Appellants:** Pravin R. N…
- **Respondents:** Deepak Anant…
- **Advocates:** Shyam Ka…; Aditya V.…; +4 more

## Timeline

- **2019-01-01 — C.P. (IB)…**: C.P. (IB) 2742/MB/2019…
- **2020-07-15 — I.A. No. 1018…**: I.A. No. 1018 of 2020 in C.P. (IB)…

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