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Corporate Law

No recall to dismissal order as alleged bias by Technical Member not proven

Case Law Details

Case Name
Entegra Ltd. Vs Shree Maheshwar Hydel Power Corporation Ltd. Through Interim Resolution Professional &amp
Date of Judgement/Order
Only available for paid members
Related Assessment Year
4039 of 2025 in Comp. App. (AT) (Ins) No. 1287 &amp
Courts
NCLAT
Advertisement Entegra Ltd. Vs Shree Maheshwar Hydel Power Corporation Ltd. Through Interim Resolution Professional & Anr. (NCLAT Delhi) Conclusion: Technical Member’s prior role as HUDCO nominee director did not establish real danger or reasonable apprehension of bias. Tribunal held that the recall application lacked merit and was a belated attempt to reopen a matter that had already attained finality. Allegations of bias were unsubstantiated and speculative, with no proof of personal or pecuniary interest. Accordingly, the application to challenge admission of a Section 7 application...
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