Labh Capital Services 23-Day Appeal Delay Condoned

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

Order Date: 4th August, 2026

Case Overview

This Interlocutory Application (No.5405/2026) was filed by Labh Capital Services Ltd. (Appellant) against Mukesh Khathuria and Another (Respondents). The application sought an extension of time for curing defects in a memorandum of appeal. The appellant had initially e-filed the memo of appeal on 03.06.2026. The NCLAT office scrutinized the filing on 01.07.2026 and intimated the defects to the appellant on the same day. The appellant subsequently re-filed the appeal on 31.07.2026.

Final Outcome

After hearing the appellant's counsel and reviewing the application and office report, the Registrar found the reasons submitted for the delay to be sufficient. The delay of 23 days in re-filing the memorandum of appeal was condoned. The case was ordered to be listed before the bench under the heading 'for admission (fresh case)'. The interlocutory application was disposed of with this order.

Topics: NCLAT Procedure, Appeal Defects