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2024 Supreme(Online)(NCLAT) 1317

NATIONAL COMPANY LAW APPELLATE TRIBUNAL
Justice Ashok Bhushan (Chairperson) , Hon'ble Mr. Barun Mitra (Member (Technical)) ,
k.m. sebastine-kalarithara michael sebastine – Appellant
Versus
state bank of india & anr – Respondent


O R D E R

(Hybrid Mode)

18.07.2024: IA No. 3953 of 2024 This is an application praying for condonation of 3 days delay in filing the appeal. Sufficient cause has been shown in para 2 and 4 for condonation of delay. Delay condoned.

IA No. 3955 of 2024 This is an application praying for condonation of 78 days delay in refiling of the appeal. The Ld. Counsel for the Appellant submits that the Appellant has cured the defect within the stipulated time thereafter the appeal remained in scrutiny and Registry is re-notified the defects on 05.04.2024 in para 5 to 8. Sufficient cause has been shown for condonation of refiling delay.

Refiling delay condoned.

Comp. App. (AT) (Ins) No. 1099 of 2024 Heard Counsel for the Appellant as well as Ld. Counsel appearing for the Respondent. This appeal has been filed against the order dated 31.01.2024 passed by National Company Law Tribunal, New Delhi Bench, (Adjudicating Authority) admitting a Section 95 application filed by the State Bank of India against the Appellant the Personal Guarantor. The Appellant has given personal guarantee to the loan which was given to the Corporate Debtor M/s Schifflies India Ltd. The Proceedings have already been initiated f

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