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2021 (8) TMI 1150

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..... vision of law by which this Adjudicating Authority is empowered to review its own order. Since the Liquidation proceeding has already been terminated by this Adjudicating Authority vide and the file has been consigned to the record room, there is no scope to review the Order dated 09th January, 2020 at this stage. Application dismissed. - (IB)-526(ND)2017 and I.A-3418/2021 - - - Dated:- 10-8 .....

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..... ry, 2020, the Adjudicating Authority has terminated the liquidation proceeding which is not in terms of the provision contained under IBC. We went through the Order dated 09.01.2020, which reads as below: Ld. Counsel for the Liquidator has placed reliance on the order of the Hon'ble High Court in Co. Petition No. 1058/2016 in the matter of Mitesh Rout V/s. BOP projects Pvt. Ltd. Vide orde .....

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..... survives, file be consigned to record room. Petition stands disposed off 3. We also went through the Order dated 04.12.2018 of the Hon'ble High Court, Delhi, in the CO, PET. 1058/2016 in the matter of Mitesh Rout Vs. BOP Projects Pvt. Ltd., the relevant para of which reads as follows: 5. Hence, to harmonize the proceedings, this court had in terms of the said judgment held that .....

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..... nt has failed to produce any provision of law by which this Adjudicating Authority is empowered to review its own order. In our considered view, since the Liquidation proceeding has already been terminated by this Adjudicating Authority vide Order dated 9th January, 2020 and the file has been consigned to the record room, there is no scope to review the Order dated 09th January, 2020 at this stage .....

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