NCLAT restores insolvency appeal filed against Dilip Buildcon

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The National Company Law Appellate Tribunal has taken a notable step by reviving an insolvency case involving Dilip Buildcon. Initially dismissed for lack of prosecution, Shyamji Construction's appeal has gained new life with the tribunal's acceptance of a delay condonation request. The ruling also acknowledged a 43-day delay in refiling, attributed to medical circumstances.