NATIONAL COMPANY LAW APPELLATE TRIBUNAL Restores Appeals with Costs. Restoration applications allowed due to absence caused by technical issues, with costs imposed for restoration.

Tribunals: National Company Law Appellate Tribunal Bench: NEW DELHI
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Case Note & Summary

The case involved multiple restoration applications filed by Manu Indrayan and Mohita Indrayan against Punjab National Bank and others. The appellants sought restoration of their appeals after their counsel could not appear due to poor network connectivity during a scheduled hearing on 08.01.2026. The respondents objected to the absence of the appellants, but the court considered the circumstances and the fact that pleadings were complete. The court decided to allow all restoration applications, emphasizing the need for justice and procedural fairness. It imposed a cost of Rs. 10,000/- for each appeal to be paid to the Prime Minister Relief Fund as a condition for restoration. The appeals were restored to their original numbers and scheduled for hearing on merit on 02.09.2026.

Headnote

A) Company Law - Restoration of Appeals - Allowance of Restoration Applications - National Company Law Tribunal Act, 2013 - The court allowed restoration applications for four appeals due to the appellant's absence caused by poor network connection, emphasizing the importance of procedural fairness and the completion of pleadings. The court imposed a cost of Rs. 10,000/- payable to the Prime Minister Relief Fund for each appeal as a condition for restoration. Held that the matters were ripe for final hearing and restored to original numbers (Paras 2).

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Issue of Consideration

Whether the applications for restoration of appeals should be allowed due to the absence of the appellant caused by technical issues.

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Final Decision

The court allowed all restoration applications, imposed a cost of Rs. 10,000/- for each appeal to be paid to the Prime Minister Relief Fund, and restored the appeals to their original numbers for hearing on 02.09.2026.

Law Points

  • Restoration of appeals
  • procedural fairness
  • costs in litigation
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Case Details

2026 LawText (NCLAT) (05) 103

Restoration Application (AT) No. 3 of 2026 in Comp. App. (AT) (Ins) No. 1704 of 2024, Restoration Application (AT) No. 4 of 2026 in Comp. App. (AT) (Ins) No. 1705 of 2024, Restoration Application (AT) No. 5 of 2026 in Comp. App. (AT) (Ins) No. 1706 of 2024, Restoration Application (AT) No. 6 of 2026 in Comp. App. (AT) (Ins) No. 1707 of 2024

2026-05-22

Justice Yogesh Khanna, Mr. Ajai Das Mehrotra

Mr. Ankit Raj, Mr. Piyush Beriwal, Mr. Nikhil Kumar, Mr. Ruchir Srivastava, Mr. Vaibhav Sharma, Ms. Salina Chalana, Mr. Navneet Gupta

Manu Indrayan, Mohita Indrayan

Punjab National Bank and Anr.

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Nature of Litigation

Restoration applications for appeals

Remedy Sought

Restoration of appeals

Filing Reason

Counsel's absence due to poor network connection

Issues

Whether the applications for restoration should be allowed due to absence caused by technical issues

Submissions/Arguments

Appellant's counsel argued for restoration due to technical difficulties Respondent's counsel objected to the absence

Ratio Decidendi

The court emphasized the importance of procedural fairness and allowed restoration of appeals when the absence was due to technical issues, ensuring that justice is served.

Judgment Excerpts

The absence of the appellant in the four matters is though objected to by the Ld. Counsel for Respondent No.1 but in the interest of justice... We allow all the applications for restoration subject to cost of Rs. 10,000/- payable to the Prime Minister Relief Fund in each of the four appeals.

Procedural History

Multiple restoration applications were filed for appeals against Punjab National Bank due to the absence of the appellants during a scheduled hearing.

Acts & Sections

  • National Company Law Tribunal Act:
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