NCLAT Dismisses Appeal Against Rejection of Recall Application in Insolvency Matter — Consent Order Cannot Be Recalled Without Proof of Fraud or Lack of Jurisdiction. The Tribunal held that a consent order cannot be recalled under Rule 11 of NCLT Rules, 2016 unless fraud or lack of jurisdiction is specifically pleaded and proved.
18 Jul 2025The appellant, Mr. Ashique Ponnambaramparambath, former Managing Director of M/s. Platino Classic Motors (India) Private Limited, filed an appeal befo...
