Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 16th October, 2026
Case Overview
This is an Interlocutory Application (No.7583/2026) filed by Authum Investment & Infrastructure Ltd. (Appellant) against Ramanathan Bhuvaneshwari (Resolution Professional of R.P. Infosystems Ltd.) and Others (Respondents). The application seeks an extension of time for curing defects in the filing of an un-numbered Company Appeal related to insolvency proceedings.
The Appellant had initially e-filed the Memorandum of Appeal on 06.08.2026. The NCLAT registry scrutinized the appeal and intimated the defects to the Appellant on 20.08.2026. The Appellant was required to re-file the appeal within seven days of this intimation. However, the re-filing occurred on 29.09.2026, resulting in a delay of 33 days.
The Appellant cited two primary reasons for the delay. First, the appeal was voluminous, requiring extensive time for collating, bookmarking, indexing, restructuring, repagination, recompilation, and cross-referencing of numerous annexures running into several volumes. Second, significant geographical coordination challenges were present, as the Appellant's registered office is in Mumbai, the loan account in question is based in Kolkata, and the appeal needed to be filed 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 33-day delay in re-filing the Memorandum of Appeal. The Tribunal did not make a final ruling on the condonation request in this order. Instead, it directed that the case be listed before the Hon'ble Bench under the heading 'for admission with defect (fresh case)' for appropriate orders. The outcome of the condonation request remains pending a future hearing.
Topics: NCLAT Procedure, Filing Defects, Insolvency Appeal