Aakash Bhalchandra Thokal v. Central Bank of India
Case brief
What is this about?
An application seeking condonation of delay in filing an Application under Section 17 of the SARFAESI Act was dismissed by the Court. The Court found that the actual delay was 56 days and the cited reasons, including medical emergency and other proceedings, were not supported by sufficient cause. An explanation contradiction in the record further weighed against the applicant.
What did the court decide?
No order as to costs. The Application for condonation of delay is dismissed.