Case Note & Summary
The matter before the National Company Law Appellate Tribunal involved an application by Jyoti Structures Limited to correct typographical errors in a previous order concerning IA numbers. The appellant sought to amend references to IA No.390/2026 and IA No.93/2025 in paragraphs 6, 7, and 8 of the order dated 08.07.2026. The respondent, DBS Bank Limited, represented by Mr. Ramji Srinivasan, contended that the application sought to revisit a petition under Section 65 of the Insolvency and Bankruptcy Code, 2016, which had already been disposed of. The Tribunal clarified that it would not revisit the merits of the previous order but would allow the correction of the IA numbers as requested. The corrected paragraphs were provided, emphasizing that the criteria for deciding the applications were different and that the maintainability of IA No.390 of 2026 should be heard first. The appeal was allowed, the impugned order was set aside, and IA No.390 of 2026 was remanded back to the Adjudicating Authority for hearing before IA No.93 of 2025. The corrected order was to be hosted on the official website for the convenience of the parties.
Headnote
A) Insolvency Law - Correction of Orders - Typographical Errors - Insolvency and Bankruptcy Code, 2016, Section 65 - The appellant sought correction of typographical errors in the order regarding IA numbers without revisiting the merits of the case. The Tribunal clarified that it was not re-evaluating the merits but allowing the correction of the IA numbers as requested. Held that the corrections were necessary for clarity (Paras 1-4).
Issue of Consideration
Whether the typographical errors in the order regarding IA numbers can be corrected without revisiting the merits of the case.
Final Decision
The appeal was allowed, the impugned order was set aside, and IA No.390 of 2026 was remanded back to the Adjudicating Authority for hearing before IA No.93 of 2025. No costs were awarded.
Law Points
- Insolvency proceedings
- typographical errors
- correction of orders
- Section 65 I & B Code
- 2016
