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Anand Kumar & Ors vs Usha Kumar & Ors

National Company Law Appellate Tribunal18 July 2017

Ratio decidendi

The rule this decision rests on

The Tribunal has no power to review or recall its own order except by exercising inherent power under Rule 11 or Rule 155 of the NCLT Rules, 2016. Under Rule 155, a Tribunal may correct an error in its order only where the error is noticed within 30 days from the date of the original order, and the correction is made to do substantial justice between the parties; an application made beyond that period cannot be entertained for that purpose.

Written by Miss Lucy from the judgment below, not taken from a headnote.

Judgment

As delivered

NATIONAL COMPANY LAW APPELLATE TRIBUNAL, NEW DELHICompany Appeal (AT) No. 193 of 2017IN THE MATTER OF:

Anand Kumar & Ors. . . .Appellants

Vs.

Usha Kumar & Ors. ... Respondents

Present: For Appellants: - Mr. Varun Singh and Gaurav Nain, Advocate.

For Respondents:-

ORDER

18.07.2017 In a petition filed under section 420 read with Section

1OF (m) and 1OF (n) of the Companies Act, 1956 an Interlocutory

Application No. 72 of 2015 was preferred by Respondents wherein an

interim order was passed on 6th March, 2017. After more than three

months, the appellants filed another Interlocutory Application No.236 of

2017 to amend the interim order on the ground of error occurred in the

order.

2. Ld. National Company Law Tribunal, (hereinafter referred to as

Tribunal) Kolkata Bench, Kolkata, having found no error in the order

dated 6th March, 2017 and taking into consideration the admitted

position that the company is not functioning well, dismissed the

Interlocutory Application No.236 of 2017.

Contd/-

-2-

3. We have heard Ld. Counsel for the Appellant and perused the order.

In absence of any illegality or perversity in the order, we also find no

ground to interfere with the impugned order. At this stage, we may point

out that Tribunal has no power to review or recall its order, except by

exercising inherent power either under Rule 11 or Rule 155 of the NCLT

Rules, 2016. As per Rule 155, where error, if any, is noticed the Tribunal

may correct it within 30 days from the date of original order to do

substantial justice to the parties. First of all, there is no error in the

interim order passed on 6th March, 2017 and this apart, we find that the

application was filed after 90 days which is beyond 30 days. As the main

company petition is pending consideration, no interference is called for.

4. For the reasons aforesaid, we dismiss the appeal and direct the parties

to co-operate with the Tribunal for expeditious disposal of the Company

Petition, as in terms of Section 422, the Tribunal is required to dispose of the

matter preferably within three months.

However, in the facts and circumstances of the case there shall be no

order as to cost.

(Justice S.J. Mukhopadhaya) Chairperson

(Balvinder Singh) Member(Technical) ar

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