2020 (2) TMI 232

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..... dra, Adv. and Hari Kishan for the Applicant. ORDER CA-1408(PB)/2019: 1. The substantive ground for seeking modification of the order dated 16.11.2018 is that the Adjudicating Authority-NCLT does not have the jurisdiction to issue directions directly to the SFIO under Section 210 read with Section 213 (b) (in) of the Companies Act, 2013, the present application has been filed for recalling the .....

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..... he Central Government. The same could be done by the SFIO itself as the siphoning of funds is in respect of public money which is noticed in the order dated 16.11.2018. 2. It is needless to say that when huge public money and public interest is involved, Tribunal must proceed to do substantial justice procedural/Technical objections shall not block its way. 3. In view of the aforesaid, we do not .....

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