NCLAT Condones IFCI Ltd's 7-Day Appeal Filing Delay

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

Order Date: 29th June, 2026

Case Overview

This interlocutory application (IA No.4118/2026) was filed by IFCI Ltd seeking an extension of time to cure defects in its memo of appeal. The appellant had originally e-filed the memo of appeal on 28th April, 2026. The NCLAT office scrutinized the filing on 4th May, 2026 and intimated the defects to the appellant on the same day. The appellant subsequently re-filed the appeal on 18th May, 2026, resulting in a delay of 7 days in the re-filing process.

Final Outcome

After hearing the learned counsel for the appellant (Anushree Kulkarni and Ria Dhawan, Advocates) and perusing the averments in the IA and office report, the Registrar (Raj Kumar) condoned the 7-day delay in re-filing the memo of appeal. The Tribunal found the reasons mentioned in the IA sufficient for condoning the delay. The IA was disposed of with directions to list the case before the Hon'ble Bench under the heading 'for admission (fresh case)'.

Topics: NCLAT Procedure, Appeal Filing, Time Extension