IBCArticle·21 October 2026
NCLAT says Earlier Orders Cannot Be Reopened Through Consequential Appeals
By J the App
Executive Summary
The dispute concerned the removal and reinstatement of directors, appointment of additional directors, and compliance with earlier interim orders in an ongoing oppression and mismanagement proceeding. NCLAT found that the orders under challenge merely implemented its judgment dated 15 May 2023, which the Supreme Court had affirmed on 6 September 2023. Interfering with those consequential orders would indirectly reopen a determination already affirmed by the Supreme Court. The connected appeals were dismissed.
Domain | IBC | Regulatory
The Position
An appellate proceeding can...
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