Authority: The National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 10th July, 2026
Case Overview
This Interlocutory Application (IA No.4553/2026) arises from an un-numbered Company Appeal filed by IDBI Bank Limited. The Appellant, IDBI Bank, e-filed its Memorandum of Appeal on 10th May 2026. The NCLAT office scrutinized the appeal and intimated a list of defects to the Appellant on 18th May 2026. The Appellant was required to cure these defects and re-file the appeal within seven days of this intimation. The Appellant ultimately re-filed the appeal on 29th June 2026, which was 35 days beyond the stipulated deadline. In its application, IDBI Bank stated that the delay was neither intentional nor deliberate. It attributed the delay to inadvertence, the summer holiday period, and an oversight, noting that its counsel had attempted to remove the defects on three occasions but failed to rectify them in the main appeal and application. The matter was last marked as having defects on 19th June 2026.
Final Outcome
The Registrar, Mr. Raj Kumar, perused the application and the office report. No representative appeared for IDBI Bank during this proceeding. The Registrar recorded the factual position of the 35-day delay in re-filing the Memorandum of Appeal. The final directive was to list the case before the Hon'ble Bench for appropriate orders under the heading 'for admission with defect (fresh case)'.
Topics: NCLAT Procedure, Appeal Defects, Banking Litigation