IBCArticle·15 July 2026
NCLAT Allows additional Affidavit after remand
By J the App
Executive Summary
The National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, held that where proceedings are revived and directed to be heard afresh, the matter must be treated as commencing from the inception, thereby permitting parties to supplement their pleadings, subject to the opposite party's right of rebuttal.
The decision reinforces the primacy of natural justice over procedural technicalities in insolvency proceedings.
Domain | Regulatory | IBC
Background
The Financial Creditor had initiated pr...
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