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IBC - Highlights / Catch Notes

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Jurisdiction - Power of NCLT to recall its order - No doubt that ...

Insolvency and Bankruptcy

June 2, 2022

Jurisdiction - Power of NCLT to recall its order - 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. - AT

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