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BHUPENDRA JIVRAJBHAI SURANI v. SANIKA ASSETS MANAGEMENT AND INVESTMENTS PVT. LTD.

Supreme Court of India | Diary 17163/2024

Status

Order

Decided On

2024-12-03

Bench

HON'BLE MR. JUSTICE SANJAY KUMAR, HON'BLE THE CHIEF JUSTICE

Petitioner

BHUPENDRA JIVRAJBHAI SURANI

Respondent

SANIKA ASSETS MANAGEMENT AND INVESTMENTS PVT. LTD.

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Full Judgment Text

IN THE SUPREME COURT OF INDIA

CIVIL APPELLATE JURISDICTION

CIVIL APPEAL NOS. 5935-5936 OF 2024

BHUPENDRA JIVRAJBHAI SURANI ..... APPELLANT(S)

VERSUS

SANIKA ASSETS MANAGEMENT AND INVESTMENTS PVT. LTD.

..... RESPONDENT(S)

O R D E R

The respondent, Sanika Assets Management and Investments Pvt.

Ltd., as per the affidavit of service and the office report, has

been served. However, none has entered appearance on its behalf.

The respondent is, therefore, proceeded against ex parte.

The impugned judgment dated 19.12.2023 passed by the National

Company Law Appellate Tribunal1, New Delhi, dismisses the

application for condonation of delay of 17 days on the ground that

delay only up to a period of 15 days can be condoned under the

proviso to Section 61(2) of the Insolvency and Bankruptcy Code,

2016.

By our order dated 29.04.2024, while issuing notice, it was

recorded that 29.07.2023 was a gazetted holiday and 30.07.2023 was

a Sunday and the appeal was preferred on 31.07.2023. It is also

brought to our notice that the appellant, Bhupendra Jivrajbhai

Surani, had applied for a certified copy of the judgment/order

1 “NCLAT”, for short

1

dated 14.06.2023 on 27.06.2023 and the same was prepared and

delivered on 30.06.2023. Hence, the total period which has to be

excluded for computation of limitation would be 5 days. This being

correct, the period of delay in the filing of the appeal would be

about 12 days, which is...

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