The National Company Law Appellate Tribunal (NCLAT) has restored an insolvency appeal filed by Shyamji Construction Co against Dilip Buildcon.
The National Company Law Appellate Tribunal (NCLAT) on Monday restored an insolvency appeal against Dilip Buildcon, a construction and infrastructure development company.
A two-member bench of the NCLAT on December 12, 2025, dismissed the appeal filed by Shyamji Construction Co against Dilip Buildcon on the ground of ‘non-prosecution’.
However, an application was filed by Shyamji Construction Co for condonation of delay and restoration of appeal against Dilip Buildcon, which was allowed.
“We have heard Counsel for the applicant (Shyamji Construction), as well…