NCLT Has jurisdiction/Power to Recall Its Order: NCLAT

Printland Digital (India) Pvt. Ltd. Vs Nirmal Trading Company (NCLAT) NCLAT held that There is a difference between recalling of an order and review on merits of the issue decided by the Adjudicating Authority. No doubt that the Adjudicating Authority has no jurisdiction to review its order after deciding a substantial issue but it has the jurisdiction to recall the order of the kind in dispute i.e. where the right to Reply was closed by an order on the ground that the opportunities granted were not availed. In this regard, we rely upon a decision of this Tribunal rendered in the case of CA (A...