NCLAT Rejects Recall of Company Appeal Order & Condonation of 248-Day Delay

Raju Rangadhamaiah Vs M. Jagadamba. (NCLAT Chennai) The National Company Law Appellate Tribunal (NCLAT) in Chennai has dismissed a recall application filed by Raju Rangadhamaiah, refusing to condone a 248-day delay. The application sought to recall an order from February 1, 2023, which had allowed the appellant to withdraw his company appeal. The NCLAT noted that the original order was passed after a “prolonged hearing” and was, in fact, “solicited” by the appellant himself, who had requested to withdraw the appeal to pursue other legal remedies. The Tribunal stated tha...