UCO Bank Appeals Dismissed as Time-Barred

Authority: Supreme Court of India

Order Date: 11 August 2026

Case Overview

• Appellant: UCO Bank; Respondents: Debashish Nanda and another.
• Appeals (Nos.8184‑8185/2026) challenged the National Company Law Appellate Tribunal order dated 29 October 2025.
• Appeals were filed 5 days beyond the prescribed 45‑day limitation and exhibited a 99‑day refiling delay; the appellant sought condonation only for the refiling delay, not for the 5‑day presentation delay.
• An ex‑parte order dated 8 May 2026 by a coordinate bench had condoned the refiling delay but did not address the presentation delay.
• Respondent No.2 filed IA No.231720/2026 seeking recall of the 8 May order, relying on the precedent CA Ramchandra Dallaram Choudhary v. Adani Infrastructure and Developers Private Limited.

Final Outcome

• The Court recalled the earlier condonation order, held the appeals time‑barred, and dismissed them.
• The interim stay order previously granted is vacated forthwith.
• Any pending applications, if any, shall stand disposed of.

Topics: Court Proceedings, Banking Law