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2022 (6) TMI 54 - AT - Insolvency and BankruptcyJurisdiction - Power of NCLT to recall its order - right to file the reply - whether the Adjudicating Authority has the power to recall its order of closing of right to file the Reply? - HELD THAT:- There is a difference between recalling of an order and review on merits of the issue decided by the Adjudicating Authority. No doubt that the Adjudicating Authority has no jurisdiction to review its order after deciding a substantial issue but it has the jurisdiction to recall the order of the kind in dispute i.e. where the right to Reply was closed by an order on the ground that the opportunities granted were not availed. The case is remanded back to the Adjudicating Authority to consider the application on merits and decide the same in accordance with law - appeal allowed by way of remand.
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