International Asset Reconstruction Company Private Limited v. Best Deal Properties Pvt. Ltd.
Case brief
What is this about?
The Debt Recovery Appellate Tribunal allowed a condonation of delay application. The court condoned a 119-day delay in filing an appeal, relying on a Supreme Court order that excluded the relevant COVID-19 period for limitation calculations.
What did the court decide?
The application for condonation of delay and the appeal are allowed; the registry is directed to take the appeal on file if no other defects exist.