The case involves an appeal filed by Capt Satvir Singh Gulia (Appellant/Operational Creditor) under Section 61(1) of the Insolvency and Bankruptcy Code, 2016 (IBC), against an order passed by the 'Adjudicating Authority' (National Company Law Tribunal, Principal Bench, New Delhi) in CP (IB) No. 1059/(PB)/2020. The appeal was delayed by 170 days in refiling, leading to an application for condonation of delay. The respondent, M/s Emaar India Limited, opposed the condonation of delay, arguing that the appellant was not vigilant in prosecuting the appeal and that the reasons for the delay were personal and irrelevant.
Capt Satvir Singh Gulia, the appellant and an operational creditor, filed an appeal under Section 61(1) of the Insolvency and Bankruptcy Code, 2016 (IBC), against an order passed by the National Company Law Tribunal (NCLT), Principal Bench, New Delhi. The appeal was filed with a delay of 170 days in refiling. The appellant sought condonation of the delay, citing reasons such as the advocate's clerk misplacing pages of the appeal, personal difficulty in refiling, engagement in a roka ceremony, preparation for marriage, mother's major surgery, and house shifting. M/s Emaar India Limited, the respondent, opposed the condonation of delay, arguing that the appellant was not vigilant in prosecuting the appeal and that the reasons for the delay were personal and irrelevant.
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The case involves an appeal filed by Capt Satvir Singh Gulia (Appellant/Operational Creditor) under Section 61(1) of the Insolvency and Bankruptcy Code, 2016 (IBC), against an order passed by the 'Adjudicating Authority' (National Company Law Tribunal, Principal Bench, New Delhi) in CP (IB) No. 1059/(PB)/2020. The appeal was delayed by 170 days in refiling, leading to an application for condonation of delay. The respondent, M/s Emaar India Limited, opposed the condonation of delay, arguing that the appellant was not vigilant in prosecuting the appeal and that the reasons for the delay were personal and irrelevant.
Capt Satvir Singh Gulia, the appellant and an operational creditor, filed an appeal under Section 61(1) of the Insolvency and Bankruptcy Code, 2016 (IBC), against an order passed by the National Company Law Tribunal (NCLT), Principal Bench, New Delhi. The appeal was filed with a delay of 170 days in refiling. The appellant sought condonation of the delay, citing reasons such as the advocate's clerk misplacing pages of the appeal, personal difficulty in refiling, engagement in a roka ceremony, preparation for marriage, mother's major surgery, and house shifting. M/s Emaar India Limited, the respondent, opposed the condonation of delay, arguing that the appellant was not vigilant in prosecuting the appeal and that the reasons for the delay were personal and irrelevant.
…The Impugned Order was passed by the…
The Certified Copy of…