New Delhi, March 16 The National Company Law Appellate Tribunal (NCLAT) on Monday restored an insolvency appeal against Dilip Buildcon, a construction and infrastructure development company.
A two-member bench of the NCLAT on December 12, 2025, dismissed the appeal filed by Shyamji Construction Co against Dilip Buildcon on the grounds of 'non-compliance'.
However, Shyamji Construction Co filed an application for condoning the delay and restoring the appeal against Dilip Buildcon, which was allowed.
"We have heard the counsels for the applicant (Shyamji Construction) as well as the counsels for the respondent (Dilip Buildcon). We find sufficient cause shown in the application to recall the order dated December 16, 2025...the appeal is restored in its original number," said a two-member bench, comprising Chairperson Justice Ashok Bhushan.
Moreover, the NCLAT also admitted Shyamji Construction's application seeking condonation of a 43-day delay in filing the appeal due to medical issues experienced by the appellant, which caused the delay.
"We find sufficient cause shown in the application. The delay in filing has been condoned," said the NCLAT.
Shyamji Construction, through its authorized representative Anil Bhatia, had approached the NCLT claiming operational debt. However, according to reports, the appeal was dismissed on the grounds of pre-existing disputes.
