The National Company Law Appellate Tribunal (NCLAT) New Delhi bench of Justice Rakesh Kumar Jain (Judicial Member) & Barun Mitra (Technical Member), dismissed an appeal challenging the National Company Law Tribunal’s refusal to accept a reply filed after the closure of arguments. The Tribunal held that the record of the Court is correct until and unless an application is made to the same Court for any correction in case, there is any error.
Background Facts:
An application was filed in the NCLT by the respondents for constitution of the Committee of Creditors. Thereafter, on 2nd May, 2025, after hearing the arguments, the NCLT directed all the parties to file written submissions within ten days. The matter was listed next…