Merely Challenging NCLT Procedure Cannot Bypass Statutory Appeal: Bombay HC

Sunil G. Kundnani Vs Union of India (Bombay High Court) The Bombay High Court dismissed a writ petition challenging an order of the National Company Law Tribunal (NCLT) dated July 8, 2024, which had rejected an application seeking recall of an earlier order dated May 3, 2024. The Court noted that the petitioner had not challenged the substantive order dated May 3, 2024 either in the writ petition or by filing a statutory appeal before the National Company Law Appellate Tribunal (NCLAT). It observed that an effective alternative remedy was available under Section 61 of the Insolvency and Bankru...