New Delhi: 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 as Counsel for the respondent (Dilip Buildcon). We find sufficient cause shown in the application for recall of the order dated December 16, 2025…appeal is restored in its original number,” said a two-member bench, comprising Chairperson Justice Ashok Bhushan.
Moreover, the NCLAT also admitted Shyamji Construction’s application praying for condonation of 43 days’ refiling delay on account of medical issues with the appellant due to which the delay was caused.
“We find sufficient cause shown in the application. Refiling delay condoned,” said the NCLAT.
Shyamji Construction, through its authorised representative Anil Bhatia, had approached the NCLT claiming operational debt. However, according to reports, it was dismissed on the grounds of pre-existing disputes.
