NCLAT quashed the order dated 10.03.2025 for procedural ...
Corporate Governance Triumph: NCLAT Strikes Down Unilateral Order, Upholds Natural Justice Principles in Rule 154
April 19, 2025
Case Laws Companies Law AT
NCLAT quashed the order dated 10.03.2025 for procedural irregularities in exercising suo motu rectification powers under Rule 154 of NCLT Rules. The Tribunal's rectification order was deemed invalid due to violation of natural justice principles, specifically the audi alteram partem rule, as no notice was issued to parties prior to modifying the original docket order. The appellate tribunal held that substantive rectifications cannot be made without providing an opportunity of hearing to affected parties, emphasizing the critical requirement of procedural fairness in judicial proceedings. Appeal was consequently allowed, setting aside the impugned rectification order.
View Source
9911796707
