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Case Law Details

Case Name : Asset Reconstruction Company (India) Limited Vs Viceroy Hotels Limited (NCLT Hyderabad)
Appeal Number : IA (IBC) 337/2023 in CP (IB) No. 219/7/HDB/2017
Date of Judgement/Order : 02/03/2023
Related Assessment Year :
Courts : NCLT
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Asset Reconstruction Company (India) Limited Vs Viceroy Hotels Limited (NCLT Hyderabad)

NCLT Hyderabad held that condonation of delay in filing the claim without indicating any sufficient reasons not acceptable as length of the delay is immaterial, but the reasons for condonation of delay matters.

Facts- Corporate Debtor i.e. Viceroy Hotels Limited being the Principal Employer is covered under Employees State Insurance Act, 1948 (herein after referred to as “ACT”) and

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