Case Note & Summary
The matter before the National Company Law Appellate Tribunal involved two applications, I.A. No. 5726 and I.A. No. 5765 of 2026, concerning Comp. App. (AT) No. 399 of 2024. The first application sought condonation of a delay of 76 days in re-filing, which the Tribunal allowed based on the reasons provided by the appellant's counsel. The second application was for rectification of the judgment dated 19.03.2026, where the counsel indicated that certain corrections were necessary. The Tribunal considered the submissions and decided to allow the corrections as stated in a prior order dated 20.08.2026, thereby ensuring that the earlier judgment accurately reflected the intended decisions. The Tribunal disposed of both applications, allowing the delay and the rectification, thereby facilitating the proper administration of justice.
Headnote
A) Procedural Law - Delay Condonation - Application for Delay in Re-filing - National Company Law Tribunal Rules, 2016 - The Tribunal condoned a delay of 76 days in re-filing the application based on the reasons provided. The application was allowed to ensure that the matter could be heard on its merits (Paras 1-1). B) Procedural Law - Rectification of Judgment - Application for Rectification - National Company Law Tribunal Rules, 2016 - The Tribunal allowed corrections to be made in the earlier judgment dated 19.03.2026 as specified in a subsequent order, ensuring clarity and accuracy in the judgment (Paras 2-2).
Issue of Consideration
Whether the delay in re-filing the application should be condoned and if corrections in the previous judgment are warranted.
Final Decision
The Tribunal allowed the application for condonation of delay and permitted the corrections to be made in the earlier judgment dated 19.03.2026.
Law Points
- Delay condonation
- Rectification of judgment
