SANJAY PANDURANG KALATE versus VISTRA ITCL (INDIA) LIMITED AND OTHERS
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[2023] 15 S.C.R. 313 : 2023 INSC 1063 313 CASE DETAILS SANJAY PANDURANG KALATE v. VISTRA ITCL (INDIA) LIMITED AND OTHERS (Civil Appeal Nos.7467-7468 of 2023) DECEMBER 04, 2023 [DR. DHANANJAYA Y CHANDRACHUD, CJI, J.B. PARDIWALA AND MANOJ MISRA, JJ.] HEADNOTES Issue for consideration: Whether appeal instituted before the NCLAT was within limitation. In its impugned order, the NCLAT concluded that the appeal was barred by limitation on the ground that it was instituted beyond the outer limit of 45 days permissible under Section 61 of the Insolvency and Bankruptcy Code 2016. Insolvency and Bankruptcy Code 2016 β s.61 β The appellant ο¬ led an interlocutory application before the NCLT alleging inter alia that the reply to the s.7 application on behalf of the Corporate Debtor was ο¬ led by respondent no.2 without authorization of the Board of Directors or intimation to the appellant β On 17.05.2023, the NCLT heard the application β The order of the NCLT was not pronounced β The order was uploaded by the Registry of the NCLT on 30.05.2023 though the order carries the date of 17.05.2023 β NCLT dismissed appellantβs application β Appeal against the order was e-ο¬ led before the NCLAT β NCLAT dismissed the application as barred by limitation β Propriety: Held: In the instant case, the cause list for 17.05.2023 (NCLT) placed on record by the appellant indicates that the case was listed for admission and not for pronouncement β Further, on a speciο¬ c query of the Court, it is not in dispute between counsel for the appellant and the respondent, that no substantive order was passed on 17.05.2023 by the NCLT β In these circumstances, limitation would not begin to run on 17.05.2023 which was the date on which hearings concluded β As no order was passed before 30.05.2023, there was no occasion for the appellant to lodge an application 314 SUPREME COURT REPORTS [2023] 15 S.C.R. for a certiο¬ ed copy on 17.05.2023 β Time for ο¬ ling an appeal would commence only when the order appealed from was uploaded since prior to that date no order was pronounced β The period of limitation began to run on 30.05.2023 β The 30 day limitation period provided in s.61(2) of the IBC concluded on 29.06.2023 β Though the appeal was ο¬ led beyond the period of thirty days, it was within the condonable period of ο¬ fteen days β This Court is of the considered view that the appeal should be restored to the NCLAT for reconsidering whether the appellant has shown suο¬ cient cause for condoning the delay beyond thirty days β Therefore, the impugned order of the NCLAT declining to condone the delay is set aside and the proceedings are restored to the ο¬ le of the NCLAT. [Paras 19 and 21] Limitation β What stops limitation from running, date of E-ο¬ ling of appeal or physical copy of appeal: Held: It was settled in Sanket Agarwal case that the date of e-ο¬ ling of the appeal and not ο¬ ling of the physical copy of the appeal stops the limitation from running. [Para 22] LIST OF CITATIONS AND OTHER REFERENCES V Nagarajan v. SKS Ispat (2022) 2 SCC 244 β held inapplicable. Sanket Kumar Agarwal v. APG Logistics Private Limited 2023 SCC OnLine SC 976 β relied on. OTHER CASE DETAILS INCLUDING IMPUGNED ORDER AND APPEARANCES CIVIL APPELLATE JURISDICTION: Civil Appeal Nos.7467-7468 of 2023. From the Judgment and Order dated 14.09.2023 of the National Company Law Appellate Tribunal, Principal Bench, New Delhi in Company Appeal (AT) (Insolvency) No.1209 of 2023 and I.A. No.4246 of 2023. Appearances: Shyam Divan, Nakul Dewan, Sr. Advs., Sandeep S. Salunkhe, Satyajit A Desai, Amit K. Pathak, Kiran Shinde, Siddharth Gautam, Abhinav K. Mutyalwar, Gajanan N Tirthkar, Vijay Raj Singh Chouhan, Ms. Anagha S. Desai, Advs. for the Appellant. 315 Dhruv Mehta, Sr. Adv., Samir Malik, Varun Kalra, Mahip Singh, Farha Malik, M/s. D.S.K. Legal, Advs. for the Respondents. JUDGMENT / ORDER OF THE SUPREME COURT JUDGMENT DR. DHANANJAYA Y CHANDRACHUD, CJI 1. Admit. 2. These appeals arise under Section 62 of the Insolvency and Bankruptcy Code 20161 from a judgement dated 14 September 2023 of the National Company Law Appellate Tribunal.2 The NCLAT dismissed the appeal against the order of the National Company Law Tribunal, Mumbai3 on the ground of limitation. 3. At the outset, it is clariο¬ ed that the ο¬ ndings in this judgement are limited to a determination of the question of limitation. The detailed facts and averments on the merits of the larger dispu
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