Case Details
- Case Name: Santosh Sarda vs. Avil Jerome Menezes Resolution Professional for Radius & Deserve Land Developers Pvt. Ltd. & Anr.
- Court/Authority: National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi
- Case Number: Comp. App. (AT) (Ins) No. 879 of 2026 along with I.A. No. 3481 of 2026
- Order Date: 22nd May 2026
Parties Involved
- Appellant(s): Santosh Sarda. Represented by Advocates Mr. Rajat Malhotra, Ms. Akshita Kaushik, Ms. Kamayani Tripathi, and Mr. Pulkit Kapoor.
- Respondent(s):
- R1: Avil Jerome Menezes, in his capacity as the Resolution Professional for Radius & Deserve Land Developers Pvt. Ltd. Represented by Advocate Mr. Shivansh Vishnu.
- R2: Anr. (Another Respondent), represented by Advocate Mr. Ansh Asawa.
- Adjudicating Bench: Justice Ashok Bhushan (Chairperson) and Barun Mitra (Member - Technical).
Issues / Allegations / Violations
The primary issue before the tribunal was a procedural application (I.A. No. 3481 of 2026) filed by the appellant, Santosh Sarda, seeking condonation of a 2-day delay in filing the main appeal (Comp. App. (AT) (Ins) No. 879 of 2026). The appeal itself is against an order or action related to the corporate insolvency resolution process of Radius & Deserve Land Developers Pvt. Ltd.
Findings & Observations
The NCLAT observed that sufficient cause had been shown by the appellant in the delay condonation application to justify the 2-day delay in filing.
Final Ruling & Enforcement
1. On the Application for Delay Condonation (I.A. No. 3481 of 2026): The application was allowed. The delay of 2 days in filing the appeal was condoned.
2. On the Main Appeal (Comp. App. (AT) (Ins) No. 879 of 2026): The appeal was admitted and listed for hearing on 23rd July 2026.
The order was passed in hybrid mode.