Cholamandalam Investment & Finance Company Ltd. v. R. Venkatakrishnan
Case brief
What is this about?
The National Company Law Appellate Tribunal restored an appeal (Company Appeal(AT)(Insolvency) No.160 of 2019) previously dismissed for non-prosecution, accepting the respondent's explanation of the non-prosecution was due to the appellant's counsel's hospitalization.
What did the court decide?
The order of dismissal is set aside and the appeal is restored to file.