147 Days delay in filing Appeal was condoned on basis of equity

M.K. Resely Vs Union Bank of India (NCLAT Chennai)

Conclusion: Delay of 147 days in filing of appeal before NCLAT was condoned upon equity. The delay had occurred as the Appellant had challenged the Impugned Order before the High Court instead of NCLAT but on a bona fide basis and the time taken by the High Court in deciding the matter had been excluded by the NCLAT in computation of limitation.

Held: In the instant case, the Liquidator of M/s. Raihan Healthcare Private Limit

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