Anil Kumar & Ors. Vs Majinder Singh Sandhu & Ors. (NCLAT Delhi)
National Company Law Appellate Tribunal (NCLAT), Delhi, has underscored the sanctity of judicial records and the importance of procedural timelines by dismissing an appeal that sought to challenge recorded proceedings without a formal correction application. The ruling, in the case of Anil Kumar & Ors. Vs Majinder Singh Sandhu & Ors., reinforces the principle that court records are presumed accurate unless properly disputed and emphasizes the necessity of timely pleadings for efficient case resolution, thereby preventing prolonged litigation.
The matter originated from an application, I.A. No. 3143 of 2022, before the National Company Law Tribunal (NCLT), New Delhi, concerning the formation of the Committee of Creditors (COC). On May 2, 2025, the NCLT heard arguments from the applicant, counsel for Respondent No. 12, and the Resolution Professional. During this hearing, counsel for Respondent No. 12 was specifically queried whether a confirmation had been received from the Resolution Professional regarding a letter dated January 14, 2021. The counsel affirmed no such receipt had been obtained or documented. Critically, the Tribunal directed all parties to file written submissions within ten days, explicitly noting that arguments had been “heard,” and listed the matter for compliance on May 19, 2025. This indicated a closure of the oral argument phase.
