Supreme Court · 2026 INSC 33 · Decided 7 January 2026
The Property Company (P) LTD. v. Rohinten Daddy Mazda
- Court
- Supreme Court of India
- Citation
- 2026 INSC 33 · [2026] 1 S.C.R. 227
- Case number
- CIVIL APPEAL No. 92/2026
- Decided
- 7 January 2026
- Bench
- J.B. PARDIWALA, R MAHADEVAN (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- Companies Act Section 58(3), 433; Limitation Act Section 5, 14
Headnote
Issue arose whether the Company Law Board-CLB, being a quasi-judicial body, could be said to have the power to condone the delay in filing an appeal u/s.58(3) of the Companies Act, 2013; that even if s.5 of the Limitation Act, 1963, per say, could not be applied to the principles underlying s.5 of the 1963 Act be made applicable to an appeal u/s.58(3) of the 2013 Act, instituted before the CLB; and that whether s.433 of the 2013 Act, which was brought into force on 01.06.2016 in order to empower the NCLT and NCLAT respectively, to apply the provisions of
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