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PUNJAB NATIONAL BANK (INTERNATIONAL LIMITED) v. PERFECT DAY INC

Supreme Court of India | Diary 10187/2024

Status

ROP - of Main Case

Decided On

22-03-2024

Bench

HON'BLE THE CHIEF JUSTICE, HON'BLE MR. JUSTICE J.B. PARDIWALA and HON'BLE MR. JUSTICE MANOJ MISRA

Petitioner

PUNJAB NATIONAL BANK (INTERNATIONAL LIMITED)

Respondent

PERFECT DAY INC

Primary Holding

An appeal under Section 62 of the Insolvency and Bankruptcy Code, 2016 is not maintainable if filed beyond the maximum statutory period of limitation, which cannot be condoned even by the Supreme Court.

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Full Judgment Text

IN THE SUPREME COURT OF INDIA CIVIL APPELLATE JURISDICTION CIVIL APPEAL DIARY NO 10187 OF 2024 Punjab National Bank (International Limited) … Appellant Versus Perfect Day Inc & Ors … Respondents O R D E R 1 Admittedly, the delay in filing the appeal is beyond the maximum period which can be condoned under Section 62 of the Insolvency and Bankruptcy Code 2016. 2 The appeal is hence dismissed on the ground of limitation. …...…...….......………………....…C JI. [Dr Dhananjaya Y Chandrachud] …...…...….......………………....… ..J. [J B Pardiwala] …...…...….......………………....… ..J. [Manoj Misra] New Delhi; March 22, 2024 GKA

ITEM NO.11 COURT NO.1 SECTION XVII S U P R E M E C O U R T O F I N D I A RECORD OF PROCEEDINGS CIVIL APPEAL Diary No(s). 10187/2024 (Arising out of impugned final judgment and order dated 21-11-2023 in CAAT(I) No. 1427/2022 passed by the National Company Law Apellate Tribunal) PUNJAB NATIONAL BANK (INTERNATIONAL LIMITED) Petitioner(s) VERSUS PERFECT DAY INC & ORS. Respondent(s) ( IA No.65634/2024-EXEMPTION FROM FILING C/C OF THE IMPUGNED JUDGMENT and IA No.65636/2024-CONDONATION OF DELAY IN FILING APPEAL and IA No.68839/2024-PERMISSION TO FILE ADDITIONAL DOCUMENTS/FACTS/ANNEXURES ) Date : 22-03-2024 This petition was called on for hearing today. CORAM : HON'BLE THE CHIEF JUSTICE HON'BLE MR. JUSTICE J.B. PARDIWALA HON'BLE MR. JUSTICE MANOJ MISRA For Petitioner(s) Mr. Mithilesh Kr. Pandey, Adv. Mr. Aviral Kashyap, AOR For Respondent(s) Mr. Mukul Rohatgi, Sr. Adv. Mr. Rajshekar Rao, Sr. Adv. Mr. Shreeyash Uday Lalit, Adv. Mr. Abhinav Aggarwal, Adv. Mr. Himanshu Vats, Adv. Mr. Ishaan George, AOR UPON hearing the counsel the Court made the following O R D E R 1 Admittedly, the delay in filing the appeal is beyond the maximum period which can be condoned under Section 62 of the Insolvency and Bankruptcy Code 2016. 2 The appeal is hence dismissed on the ground of limitation. (GULSHAN KUMAR ARORA) (SAROJ KUMARI GAUR) AR-CUM-PS ASSISTANT REGISTRAR (Signed order is placed on the file)

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