Authority: National Company Law Appellate Tribunal (NCLAT) at Chennai
Order Date: 02 November 2026
Case Overview
This is an Interlocutory Application (IA No. 1177/2026) filed within a larger Company Appeal (AT)(CH)(Ins) No. 413/2026. The appellants, Maa Kudargarhi Steel Pvt. Ltd. & Anr., sought condonation of a 7-day delay in preferring their appeal against the respondent, HDFC Bank Ltd. The matter pertains to the appellate jurisdiction of the NCLAT, indicating it arises from an earlier order of the National Company Law Tribunal (NCLT).
Final Outcome
The bench, comprising Justice N Seshasayee (Member-Judicial) and Jatindranath Swain (Member-Technical), allowed the application for condonation of delay (IA No. 1177/2026). The tribunal was satisfied with the reasons for the delay as stated in paragraph 3 of the supporting affidavit filed by the appellants. The substantive appeal was listed for its next hearing on 20 November 2026.
Topics: Insolvency Litigation, Procedural Order