# In the matter of Ramkesh Basist & Ors. vs. Canara Bank & Anr.

> NCLAT judgment dated 2025-08-11. Citation: TCN-2025-NCLAT-00449. The case involves two applications, I.A. No. 8762 of 2024 and I.A. No. 213 of 2025, seeking…

- **Court:** NCLAT
- **Order date:** 11 Aug 2025
- **Citation:** TCN-2025-NCLAT-00449
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclat-new-delhi/ramkesh-basist-ors-vs-canara-bank-anr-6345f98e

## Summary

### Background

The case involves two applications, I.A. No. 8762 of 2024 and I.A. No. 213 of 2025, seeking condonation of delay in refiling Company Appeals (AT)(Ins) No. 2345 of 2024 and No. 73 of 2025, respectively. The delays were 240 and 190 days.

## Facts

I.A. No. 8762 of 2024 seeks condonation of 240 days delay in refiling Company Appeal (AT)(Ins) No. 2345 of 2024.

I.A. No. 213 of 2025 seeks condonation of 190 days delay in refiling Company Appeal (AT)(Ins) No. 73 of 2025.

The registry raised defects in the appeals multiple times, with the applicants claiming to have cured them promptly.

The applicants cited the shifting of the counsel's office and the clerk's absence due to childbirth as reasons for the delay.

The respondent argued that the explanations for the delay were vague, unsubstantiated, and insufficient.

The Tribunal found that the defects raised by the registry were largely routine and minor in nature.

…

## Issues and analysis

### Issue 1: Whether the reasons provided for the …

**Ratio:** The Tribunal held that the reasons provided

…

**Reasoning:** The Tribunal found the explanations regarding the shifting of the counsel's office and

…

**Interpretation:** The Tribunal interpreted the applicants' actions as lacking due diligence and

…

**Application:** The Tribunal applied the principle that condonation of delay should not be

…

## Parties

- **Judges:** Ashok Bh…; Barun M…
- **Appellants:** Ramkesh B…; Krishan Pal…
- **Respondents:** Canara…
- **Advocates:** Deepak S…; Rohit…; +1 more

## Timeline

- **2024-02-29 — First-time defects raised by the registry (I.A.…**: Defects were raised by the registry on…
- **2024-03-01 — First-time defects raised by the registry (I.A.…**: The first time raising of defects by the…

---

This is a preview. The full structured summary, issues, precedents and source judgment are available on CaseEase - Legal Intelligence Simplified: https://caseease.in/cases/ibc/nclat-new-delhi/ramkesh-basist-ors-vs-canara-bank-anr-6345f98e
