Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 10th August, 2026
Case Overview
This interlocutory application (IA No.5551/2026) was filed by Kotak Mahindra Bank Ltd. (Appellant) against Anil Tayal (Respondent) seeking extension of time granted for curing defects in their appeal filing. The Appellant had initially e-filed the Memorandum of Appeal on 5th June 2026. The NCLAT office conducted scrutiny of the appeal and intimated defects to the Appellant on 3rd July 2026. The Appellant subsequently re-filed the appeal on 31st July 2026, resulting in a 21-day delay from the defect intimation date.
Final Outcome
After hearing the Appellant's counsel and reviewing the IA averments and office report, the Registrar found the reasons for delay sufficient. The 21-day delay in re-filing the Memorandum of Appeal was condoned. The case has been directed to be listed before the Hon'ble Bench under the heading 'for admission (fresh case)'. The interlocutory application stands disposed of with this order.
This content describes a procedural matter with no substantive financial or regulatory implications for the company or markets.
Topics: NCLAT Procedure, Filing Delay, Case Admission