IFCI Ltd NCLAT Appeal Re-filing Delay Condoned

Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi

Order Date: 29th June, 2026

Case Overview

This interlocutory application (IA No.4117/2026) was filed by IFCI Ltd seeking extension of time granted for curing defects in their appeal filing. The appellant, IFCI Ltd, had e-filed the Memorandum of Appeal on 27th April, 2026. The NCLAT office scrutinized the appeal on 2nd May, 2026 and intimated the defects to the appellant on the same day. IFCI Ltd subsequently re-filed the appeal on 18th May, 2026, which resulted in a delay of 9 days beyond the permitted timeframe for curing defects.

Final Outcome

After hearing learned counsel for the appellant (Anushree Kulkarni and Ria Dhawan, Advocates) and perusing the averments in the IA and office report, the Registrar found the reasons mentioned in the application sufficient. The Tribunal condoned the 9-day delay in re-filing the Memorandum of Appeal. The case was directed to be listed before the Hon'ble Bench under the heading 'for admission (fresh case)'. With this order, the interlocutory application stands disposed of.

Topics: NCLAT Procedure, Appeal Filing Compliance