The National Company Law Appellate Tribunal (NCLAT), Chennai Bench, comprising of Justice M. Venugopal, Judicial Member and Naresh Salecha, Technical Member condoned delay of 147 days on late filing of appeal due to bonafide litigious activity. The Bench while adjudicating an appeal filed in M.K. Resely & Ors. v Union Bank of India, has condoned…
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