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…