Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 7th October 2026
Case Overview
This Interlocutory Application (IA No.7207/2026) arises from an un-numbered Company Appeal (AT) (Ins.) filed by Authum Investment & Infrastructure Ltd. against Ramanathan Bhuvaneshwari (Resolution Professional of R.P. Infosystems Ltd.) and Others. The appellant e-filed the Memorandum of Appeal on 28th July 2026. The NCLAT registry scrutinized the appeal and intimated defects to the appellant on 14th August 2026. The appellant was required to cure these defects and re-file the appeal within seven days from this intimation. However, the appellant re-filed the appeal only on 30th September 2026, resulting in a 40-day delay from the defect intimation date.
The appellant cited two primary reasons for the delay: the voluminous nature of the appeal requiring extensive collation, bookmarking, indexing, restructuring, repagination, and recompilation of numerous annexures across several volumes; and geographical coordination challenges between the appellant's registered office in Mumbai, the loan account location in Kolkata, and the filing requirement at the NCLAT in Delhi.
Final Outcome
The Tribunal heard the appellant's counsel and perused the application and office report. The registry confirmed the 40-day delay in refiling past the 7-day deadline. The Tribunal did not rule on the condonation of delay but directed that the case be listed before the Hon'ble Bench "under the heading 'for admission with defect (fresh case)'" for appropriate orders. The substantive appeal remains unnumbered pending resolution of this procedural defect.
Topics: NCLAT Procedure, Corporate Insolvency