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2022 (3) TMI 1383

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..... & Bankruptcy
SH. DHARMINDER SINGH, HON'BLE MEMBER (JUDICIAL) AND SMT. SUMITA PURKAYASTHA, HON'BLE MEMBER (TECHNICAL) ORDER Per: Sh. DHARMINDER SINGH, MEMBER (JUDICIAL) In the present matter, IA-5064/ND/2021 has been filed on behalf of the respondent for seeking review of order dated 22.07.2021 and to grant opportunity to applicant/respondent to file its reply in the main IB i.e. IB/1105/ND .....

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..... easons, he could not file the reply in the present matter. Accordingly, prayed for acceptance of the present application. Notice of the above said application was given, but the Ld. Counsel for the applicant did not prefer to file the reply and argued the same orally. Ld. Counsel for the applicants reiterated the facts mentioned in the application and argued that this Tribunal has ample power to .....

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..... with costs. Heard the arguments the record has been thoroughly perused. In the present matter, the respondent had appeared on 04.02.2021 and thereafter, matter was adjourned for 25.03.2021. On that day the respondent was directed to file the reply within two weeks. On 25.03.2021, no one has appeared on behalf of the Respondent/Corporate Debtor. Even, the reply was not filed. Accordingly, the rig .....

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..... recalling of the order is concerned. This Tribunal is vested with no powers to recall or review its own orders once the specific findings have been recorded though qua the procedural aspects. This proposition also stand found supported from the law laid down in the, matter of Aggrwal Coal Corporation Private Limited v. Sun Paper Mill Limited & Another, wherein Hon'ble NCLAT, New Delhi, held that r .....

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