Hardeep Kaur vs Cholamandlam Investment And Finance Company Ltd. on 26 October 2026

I) EI]'[S RIICOV llltY Al'}P ll l,l,A'I'E',l'R I I]UNAl,, l) E l,l I I Appcal No.l2ttl2026 Arising out of S.A. No.tl612025 (l)ltl'-l I I, Chandigarh) Item No.0tl I lardccp Kuar v. Cholamandalam Invcstment and Finance Company 26.10.2026 [Ion'blc I)r. .Iustice Sudhir Kumar.Iain [)roscr-rt: Sh. Abhishcl< Khullar, Advocatc f or thc appcllant tl-rrough VC Ms. Ncha Mishra, Aclvoczttc fitr thc rcsponclctrt thror-rgh VC 'l'his nratLcr is tal<cn up througli I Iybricl hcarir-rg. l. 'l'hc appcllant filcd S.n. bcaring no.8612025 titlccl as Ilardecp Kaur V. (lholanrandalam Invcstmcnt and F'inancc Company & others. 'l'hc appcllant filccl l.A. bcarin g23912022 undcr soction 5 of tho Lirnitation act lor cor-rdonation ol clclay in lrling thc S.A. '['l"rcrc appcarocl to bc I I days clclay in filing thc S.A. It was plcadccl by thc appcllarrt that tho appcllant was nTakirrg clforts 1'or an amioablo scttlcrncrrt ar-rcl hacl also lllcd a civil writ pctition bcf orc l)urnjab ancl I Iaryana I ligh (lourt, which was disposcd of on 17.05.2022 and thc dclay ol'11 days occurrcd duc to thc pcndcr-rcy of' thc writ pctition bclorc I ligh Cour1. 'l'hc clclay was ncithcr clcl itrcratc nor i ntctrtional.

2. I)R'l' viclc orclcr datccl 10.01 .2025, aficr rcf-crring various .iudgmonts passocl by surpcrirlr cr)ulrts, obscrvccl that scctiur-r 5 ol'thc Lirritation has no application to thc Sccr-rritisation Application undcr thc SAII.ITAITSI Act and accorclingly hcld that thc appcllant was not cntitlcd to gct any rclaxation of conclonation of tirnc pcritld unclcr scctiorr -5 ol'thc Lirlitation Act. It appcars tl-rat thcrc was c'lclay of ll days in tiling thc Sccr-rritiznLiorr Application cluc to thc rcason o1'pcnclor-rcy ol'appcllant's writ pctition bclirrc tl-rc [)r-rri.iab ancl I laryana I Iigh (]ourt which was clisposcd o[' otr I 7.0-5 .2022.'l'l-rc l)r-rn.iab and I laryana I Iigh (lourt in casc l,'air Stylc llmbroidcry Wrrrhs & anothcr V. I)cbts llccovcry'l'ribunal III & othcrs,2025 SCC Onl.inc Ir&ll 78(r8, obscrvccl that Scction 5 ol' thc Limitation A<.:t, 1963 is having its applicability in clcaling with thc zrpplici,rtion undcr scctiot-t 17(l) ol'thc Snl{ltnliSI Act if'tllccl aficr prcscribcd pcrioci ol'45 days. I{cccr-rtly, thc tlaiasthan IIigh Court in writ pctition bcaring S.l]. Civil Writ I'}otition No.1572612026 titlcd as llishu Ohaudhary V. Indian Ovcrscas llank & another also otrscrvcd that thc limitalion prcscribcd in liling thc application unclcr scction 17 olthc SAI{linlrSI Act is rcclr-rirr:cl to bc oonsidcrcd libcrally and accordingly, thc dclay in filing thc applicatior-r r-rnclcr scctiot-r l7 ol'thc Act was coudonccl.

3. Alicr consiclcring all (acts, thc clclay irr filing thc S.A. bcaring no.8612022 stanc'ls conclonccl ar-rcl tlrc S.A. is rornandcd to I)l{'l'-lll, (lhar-rcligarh lbr disposal on rrcrit in accorclancc with lerw. 'l'hc appcarl is accordingly allowccl ancl pcncling applications, il'any, stancl clisposccl o[. 'l'hc parLios arc dircctccl to appcar bclorc I)lt'l'-lll, (lhancligarh on I I .01.2027 lbr lirrtlicr clircction. v (Dr. Justicc Sudhir Kumar Jain) Chairpcrson -pks