Authority: The National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 4th August, 2026
Case Overview
This Interlocutory Application (IA No.5442/2026) was filed by Omkara Asset Reconstruction Company Ltd. (Appellant) against Avenue 54 Welfare Association & Ors. (Respondents). The application sought an extension of time for curing defects in the filing of a Memorandum of Appeal. The factual background states that the Appellant e-filed the Memo of Appeal on 27.06.2026. The NCLAT office scrutinized the appeal and intimated the defects to the Appellant on 14.07.2026. The Appellant subsequently re-filed the appeal on 28.07.2026.
Final Outcome
After hearing the Learned Counsel for the Appellant and perusing the averments in the IA and office report, the NCLAT Registrar found the reasons for the delay sufficient. The delay of 07 days in re-filing the Memo of Appeal was condoned. The case was directed to be listed before the Hon'ble Bench under the heading 'for admission (fresh case)'. The IA stands disposed of with this order.
Topics: NCLAT Procedure, Appeal Filing Defects, Time Condonation