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NCLAT Reinstates Insolvency Appeal Against Dilip Buildcon
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NCLAT Reinstates Insolvency Appeal Against Dilip Buildcon, Condoning Delay
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News18
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16-03-2026, 21:15
NCLAT Reinstates Insolvency Appeal Against Dilip Buildcon, Condoning Delay
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NCLAT restored an insolvency appeal filed by Shyamji Construction Co against Dilip Buildcon.
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The appeal was previously dismissed on December 12, 2025, due to 'non-prosecution'.
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Shyamji Construction Co's application for restoration and condonation of delay was allowed by the NCLAT.
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A 43-day refiling delay was also condoned due to the appellant's medical issues.
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Shyamji Construction Co had initially approached NCLT over operational debt, which was dismissed due to pre-existing disputes.
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