Introduction
The intersection of the Insolvency and Bankruptcy Code, 2016 (IBC) with other specialized statutory frameworks frequently generates complex jurisdictional disputes. A recurring legal quandary is whether the National Company Law Tribunal (NCLT), acting as the Adjudicating Authority, possesses the jurisdiction to review or set aside orders passed by independent statutory authorities in the regular course of their duties. The National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, recently delivered a crucial judgment in Sunil Kumar Rastogi v. Lucknow Development Authority & Ors. (Company Appeal (AT)(Ins) No. 456 of 2026, decided on 6 April 2026), addressing this exact conundrum. The decision firmly…