Case Details
Case Name: SGN Universal Construction Co. Pvt. Ltd. vs. Bhuvan Madan Interim Resolution Professional/Resolution Professional Jai Prakash Associates Ltd.
Court/Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Case Number: Interlocutory Application No.4018/2026, Un-numbered Company Appeal (AT) (Ins.) No.\\\_/2026 (F.No.23.04.2026/NCLAT/UR/04160)
Date of Order: 29th May, 2026 (Hybrid Mode)
Parties Involved
Appellant: SGN Universal Construction Co. Pvt. Ltd.
Respondent: Bhuvan Madan (Interim Resolution Professional/Resolution Professional for Jai Prakash Associates Ltd.)
Registrar: Raj Kumar
Procedural History
The Appellant e-filed the Memorandum of Appeal on 19th April, 2026. The NCLAT office scrutinized the Memorandum of Appeal on 23rd April, 2026 and intimated the defects to the Appellant on the same day. The Appellant re-filed the Appeal on 22nd May, 2026.
Issues / Allegations / Violations
This was an application to extend the time granted for curing defects in the appeal filing process. The Appellant sought condonation of delay in re-filing the Memorandum of Appeal.
Findings & Observations
The Registrar perused the averments made in the Interlocutory Application as well as the Office report. The reasons mentioned in the IA were found to be sufficient for condoning the delay.
Final Ruling & Enforcement
The delay of 22 days in re-filing the Memorandum of Appeal was condoned. The case was listed before the Hon'ble Bench under the heading 'for admission (fresh case)'. The Interlocutory Application stood disposed of with this order.