# In the matter of State Bank of India Vs. GTL Infrastructute Ltd. & Anr. CA(AT)(Ins) No. 26 - 27 of 2020

> NCLAT judgment dated 2020-01-07. Citation: TCN-2020-NCLAT-00569. The case involves a Company Appeal (AT) (Insolvency) No. 26-27 of 2020 before the National…

- **Court:** NCLAT
- **Order date:** 7 Jan 2020
- **Citation:** TCN-2020-NCLAT-00569
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclat-new-delhi/state-bank-of-india-vs-gtl-infrastructute-ltd-anr-ca-01b2f371

## Summary

### Background

The case involves a Company Appeal (AT) (Insolvency) No. 26-27 of 2020 before the National Company Law Appellate Tribunal (NCLAT), New Delhi. State Bank of India is the Appellant, and GTL Infrastructure Ltd. & Anr. are the Respondents. The appeal was heard, and the delay of 10 days in preferring the appeal was condoned. Interlocutory Application No.66-77 of 2020 was disposed of.

## Facts

State Bank of India filed an appeal against GTL Infrastructure Ltd. & Anr. before the NCLAT. There was a delay of 10 days in filing the appeal. The court condoned the delay, finding the grounds satisfactory. An interlocutory application associated with the appeal was disposed of. The appellant's counsel was directed to provide a copy of the appeal paper-book to the respondents' counsel. The respondents were given the opportunity to file reply affidavits. The case was scheduled for admission after notice on January 23, 2020.

## Issues and analysis

### Issue 1: Whether the delay of 10 days in …

**Ratio:** The court has the discretion to condone

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**Reasoning:** The court was satisfied with the grounds presented for the delay of 10 days in preferring

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**Interpretation:** This implies that the court found the explanation for the delay reasonable and

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**Application:** The court applied its discretion to condone the delay based on the specific

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## Parties

- **Judges:** S.J. Mukhop…; Bansi Lal…
- **Appellants:** State Bank of…
- **Respondents:** GTL Infrastructure…
- **Advocates:** Madhavi…; Raunak Dh…; +10 more

## Timeline

- **2020-01-07 — Order…**: The court heard the counsels, condoned the delay of 10 days in filing the appeal, and…
- **2020-01-23 — Appeal Li…**: The appeal is to be listed for…

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