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Supreme Court of India

The Property Company (p) Ltd v. Rohinten Daddy Mazda

Neutral citation
Reported as [2026] 1 S.C.R. 227
Bench J.B. Pardiwala and R. Mahadevan JJ.
Decided 7 January 2026

INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.

What the Court ordered

We are of the view that the observations of the Calcutta High Court in Nupur Mitra (supra) as regards limitation are of no relevance to the present matter.

Judgment, page 71

From the headnote

Issue for Consideration 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 quasi-judicial bodies, whether 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

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