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

Order Date: 15th October, 2026

Case Overview

This interlocutory application (IA No.7521/2026) was filed by Laxyo Ltd (formerly Laxyo Energy Ltd) & Others, the Appellants, against Chinar Shipping & Infrastructure (India) Pvt. Ltd. & Others, the Respondents. The application sought an extension of time to cure defects identified in a Memorandum of Appeal. The appellants had initially e-filed the appeal on 29th August 2026. The NCLAT office scrutinized the filing and intimated the appellants of the defects on 23rd September 2026. The appellants subsequently re-filed the corrected appeal on 4th October 2026.

Final Outcome

After hearing the appellant's counsel, Sreemantini Mukherjee, and perusing the application, the NCLAT Registrar, Raj Kumar, found the reasons for the delay sufficient. The delay of 4 days in re-filing the Memorandum of Appeal was condoned. The appellant's counsel also requested that this appeal be heard alongside a connected matter, Company Appeal (AT) No.387 of 2026, and that both be listed on 29th October 2026. The tribunal accepted this request and directed both appeals to be listed for admission (fresh case) on 29th October 2026. With this order, the interlocutory application was disposed of.

Topics: NCLAT Procedure, Corporate Litigation