NCLAT Restores Insolvency Appeal Against Dilip Buildcon After Delay Condonation

The National Company Law Appellate Tribunal (NCLAT) restored an insolvency appeal filed by Shyamji Construction Co against Dilip Buildcon after previously dismissing it for non-prosecution. The tribunal condoned a 43-day delay in refiling due to medical issues faced by the appellant. Shyamji Construction had initially approached the National Company Law Tribunal (NCLT) claiming operational debt, but the case was dismissed citing pre-existing disputes.