Beyond Finality: How Indian Tribunals Uphold Justice by Recalling Fraudulent Insolvency Plans
Introduction This viewpoint was initially reinforced in cases like Agarwal Coal Corporation Private Ltd vs Sun Paper Mill1 and Rajendra Mulchand Varma Director of Omkar relators & Development Pvt. Ltd vs. K.L.J Resources Ltd2, where the NCLAT maintained that without specific legislative power, it could not recall a judgment. However, a five-member bench of the NCLAT in Union Bank of […]
Read More ››