# In the matter of Swiber Offshore (India) Pvt. Ltd. MA 1536-2018 In C.P. No.(IB)51 (MB)-2017

> NCLT judgment dated 2019-03-25. Citation: TCN-2019-NCLT-04360. The case pertains to MA 1536/2018 filed in CP (IB)-51/MB/2017 before the National Company Law…

- **Court:** NCLT
- **Order date:** 25 Mar 2019
- **Citation:** TCN-2019-NCLT-04360
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-chandigarh/swiber-offshore-india-pvt-ltd-ma-1536-2018-in-cp-noib51-mb-2017-6ed5fb6a

## Summary

### Background

The case pertains to MA 1536/2018 filed in CP (IB)-51/MB/2017 before the National Company Law Tribunal (NCLT), Mumbai Bench. The applicant filed MA 1536/2019 seeking condonation of delay of one day.

## Facts

The applicant filed MA 1536/2019 seeking condonation of a one-day delay in CP (IB)-51/MB/2017. The counsel for the liquidator requested that the petitioner be directed to serve a copy of the application. The court allowed the prayer for condonation of delay. The court ordered that a copy of MA 1536/2018 be served on the liquidator within three days, with a provision for filing a reply within seven days. The matter was listed for disposal of MA 1536/2018 on 2019-04-23. The delay is relevant because it affects the timeline for the insolvency resolution process.

## Issues and analysis

### Issue 1: Whether the applicant's request for …

**Ratio:** The court has the discretion to condone delays based on sufficient cause shown by the

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**Reasoning:** The court considered the submission of the counsel for the liquidator and the applicant's

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**Interpretation:** The interpretation involves the court's power to condone delays under the

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**Application:** The ratio and reasoning are applied to the specific facts of the case, where

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## Parties

- **Judges:** V. P. S…; RavikumarDu…
- **Appellants:** Global Marine…
- **Respondents:** Swiber Offshore…

## Timeline

- **2017-01-01 — CP (IB)-51/MB/2017…**: Filing of Corporate Insolvency…
- **2018-01-01 — MA 1536/2018…**: Filing of MA 1…

## Legal provisions

- [Insolvency and Bankruptcy Code, 2016, Section 9 — Application for initiation of corporate insolvency…](https://caseease.in/legal-provisions/insolvency-and-bankruptcy-code-2016/section-9)

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