Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 7th October, 2026
Case Overview
This Interlocutory Application (No.7207/2026) was filed by Authum Investment & Infrastructure Ltd. seeking condonation of delay in refiling its Memorandum of Appeal. The appellant had initially e-filed the appeal on 28th July 2026 regarding matters related to R.P. Infosystems Ltd. The NCLAT office scrutinized the appeal on 14th August 2026 and intimated defects to the appellant on the same day. The appellant refiled the appeal on 30th September 2026, which was 40 days beyond the prescribed 7-day period for curing defects.
The appellant cited two primary reasons for the delay: the voluminous nature of the appeal requiring extensive document preparation including collating, bookmarking, indexing, restructuring, repagination, and recompilation of numerous annexures running into several volumes; and geographical challenges as the appellant's registered office is in Mumbai, the loan account in question is based in Kolkata, while the appeal needed to be filed at the NCLAT in Delhi, causing coordination difficulties.
Final Outcome
The Tribunal heard the appellant's counsel and perused the application and office report. The case has been listed before the Hon'ble Bench under the heading 'for admission with defect (fresh case)' for appropriate orders regarding the condonation of delay. The final decision on whether to condone the 40-day delay remains pending.
Topics: NCLAT Procedure, Delay Condonation, Insolvency Appeal