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2022 (9) TMI 1477

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..... of review is provided in I B Code. Thus, no review application is maintainable before this Tribunal as there is no provision for review in the Code. However, the Appellant, if so advised, may take recourse to its other remedy in accordance with law in case it is still aggrieved against the order dated 27.01.2022 or a part of it. - Review Application No. 01 of 2022 In Company Appeal (AT)(Ins. .....

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..... y the Hon'ble Supreme Court vide its order dated 01.04.2022 in Civil Appeal No. 2663 of 2022 (Civil Appeal (diary) No. 5609 of 2022) filed by the Appellant. 2. Counsel appearing on behalf of the Appellant has submitted that the Appellant, was not a party in CA (AT) (Ins) No. 729 of 2020 but the Appeal had to be filed before the Hon ble Apex Court because of some observations made in Para 10 .....

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..... as withdrawn with the above liberty. All the contentions which will be available to the parties are kept open. 4. Counsel for the Appellant has submitted that the present review application has been filed in pursuance of the aforesaid order. 5. On the other hand, Counsel appearing on behalf of the Respondent has submitted that though the aforesaid order was passed by the Hon ble Supreme C .....

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..... the Appellant as sought by it to file the review application but it does not mean that the review application is maintainable before this Tribunal in the absence of provision of review in the Code which is a complete in itself. 9. Faced with this difficulty, Counsel for the Appellant has submitted that he has invoked Rule 11 of the NCLAT Rules, 2016 which provides inherent powers to this Tribu .....

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