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2026 Supreme(Online)(NCLAT) 604

NATIONAL COMPANY LAW APPELLATE TRIBUNAL
Justice Sharad Kumar Sharma (Member(Judicial)) , Hon'ble Mr. Jatindranath Swain (Member (Technical)) ,
ARSEC (INDIA) LIMITED VS


ORDER

(Hybrid Mode)

24.04.2026:

Oral Judgment: Justice Sharad Kumar Sharma, Member (Judicial)

1.These two company appeals have been filed under peculiar circumstances. Owing to the tenacity of arguments extended by the Ld. Counsels for the parties, we are bound to deal with each and every aspect of the case and particularly the aspect of limitation which has been the core contention, while deciding the company appeals.

2. A brief narration of dates becomes relevant, before we appreciate the respective arguments and record our findings on the same.

3. As per the Appellant’ counsel, he contends the following: -

(i) The common impugned order under challenge for both the company appeals is that of 31.10.2025.

(ii) The Appellant admittedly applied for the certified copy of the impugned order on 07.11.2025, which was made available by the Registry of the Ld. NCLT on 10.11.2025 and was issued to the Appellant on 18.11.2025.

(iii) The Appellant filed the respective Appeals on 14.12.2025, on the 44th day from 31.10.2025, which is the date of pronouncement of the impugned order.

(iv) After accounting for the time taken for obtaining the certified copy of the order which as per the Appellant, is 12 day

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