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2015 (7) TMI 128 - Board - Companies LawSubstitution of Land security with Personal guarantee - Security given as an interim arrangement only till final implementation of court order - Review power of CLB - Held that:- The finding of this Bench that the land in Mantankurichi Village ad- measuring 20.18 acres shall stand as security for discharge of the amount due to the 2nd respondent is upheld by the Hon`ble High Court of Karnataka. Without going into the merits of the implementation of the order of this Bench dated 11.01.2012, I am of the view that the filing of this application and seeking permission of this Bench to substitute the land with a personal guarantee is nothing but seeking to review the order of this Bench dated 11.01.2012. This Bench has no power to review of its order. - Found futile exercise & dismissed.
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