Condonation of delay being a discretionary power available to courts, exercise of discretion must necessarily depend upon the sufficiency of the cause shown and the degree of acceptability of the explanation, the length of delay being immaterial – Sheo Raj Singh (Deceased) Through Lrs. & Ors. Vs. Union of India & Anr. – Supreme Court

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If mediation proceeding ongoing between Operational Creditor and Corporate Debtor, dispute prior to the issue of Demand Notice under Section 8 of IBC is clearly established – Web Printz Vs. The Managing Director the Assam State Textbook Production and Publication Corporation Ltd. – NCLT Guwahati Bench

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The restriction on filing written statement within 120 days in a Commercial Suit is not attracted to a pending civil suit transferred to the Commercial Court but on such transfer, the Commercial Court needs to prescribe new time line – M/s. Ecologique Petro Chemicals Pvt. Ltd. Vs. M/s. Research Center for Fuel Generation – Telangana High Court

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