Authority: Supreme Court of India
Order Date: 13 July 2026
Case Overview
- Petitioners: Rakesh Phull (petitioner) vs. Respondent: Intec Capital Limited.
- The dispute stems from an impugned final judgment and order dated 09‑01‑2026 issued by the National Company Law Appellate Tribunal (CAAT(I)) in CAAT(I) No. 587/2025.
- A civil appeal (Civil Appeal No. 828 of 2026) was filed, but the filing occurred beyond the statutory 60‑day period, prompting an application for condonation of delay.
- Counsel for the petitioner, Ms. Mayuri Raghuvanshi, argued that the respondent’s appeal is already pending, while counsel for the respondent, Mr. Rachit Mittal, admitted the delay.
Final Outcome
- The Court ordered that a notice be issued on the application for condonation of delay.
- The parties were directed to file a reply to the condonation application.
- The matter was directed to be kept with Civil Appeal No. 828 of 2026 for further adjudication.
Topics: Legal Proceedings, Corporate Dispute