The case involves an appeal filed by Ram Ratan Modi, the Resolution Professional of Duncans Industries Ltd., against Dail Consultants Ltd. & Ors. The appeal was accompanied by I.A. No. 4180 and 4510 of 2024. The appellant sought condonation of a 278-day delay in refiling the appeal. The appellant's explanation for the delay centered on the absence of a clerk and a change in counsel.
Ram Ratan Modi, the Resolution Professional of Duncans Industries Ltd., filed an appeal against Dail Consultants Ltd. & Ors. There was a delay of 278 days in refiling the appeal. The appellant attributed the delay to the absence of a clerk from September 2023 to February 2024 and a change in counsel. The respondent opposed the condonation of delay, arguing that the appellant's explanation was insufficient and demonstrated a lack of diligence. The appeal was initially filed in August 2023 and refiled in May 2024. The respondent argued that the appellant, as a Resolution Professional, should be aware of the importance of timelines in IBC proceedings and was litigating in various forums.
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The appeal was…
The appellant's clerk…
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The case involves an appeal filed by Ram Ratan Modi, the Resolution Professional of Duncans Industries Ltd., against Dail Consultants Ltd. & Ors. The appeal was accompanied by I.A. No. 4180 and 4510 of 2024. The appellant sought condonation of a 278-day delay in refiling the appeal. The appellant's explanation for the delay centered on the absence of a clerk and a change in counsel.
Ram Ratan Modi, the Resolution Professional of Duncans Industries Ltd., filed an appeal against Dail Consultants Ltd. & Ors. There was a delay of 278 days in refiling the appeal. The appellant attributed the delay to the absence of a clerk from September 2023 to February 2024 and a change in counsel. The respondent opposed the condonation of delay, arguing that the appellant's explanation was insufficient and demonstrated a lack of diligence. The appeal was initially filed in August 2023 and refiled in May 2024. The respondent argued that the appellant, as a Resolution Professional, should be aware of the importance of timelines in IBC proceedings and was litigating in various forums.
The appeal was…
The appellant's clerk…
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