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Case Law Details

Case Name : Asset Reconstruction Company (India) Limited Vs Viceroy Hotels Limited (NCLT Hyderabad)
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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 that it failed to comply with the provisions of the Act by not paying the contributions for several period, failed in payin...
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