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Issues: Whether the refusal to allow impleadment and amendment applications filed at a belated stage in a long-pending company petition called for interference in appeal.
Analysis: The appeal arose from orders rejecting impleadment and amendment applications on the ground that the proposed parties and subsequent developments had been available for a long time, yet no timely steps were taken. The Tribunal noted the extraordinary delay in the company petition and held that the applications were moved without valid reason at a late stage. It also observed that the attempt to seek declaratory relief through an interlocutory application was impermissible and that repeated interlocutory filings amounted to abuse of process. In view of the prolonged pendency and the reasons recorded by the Tribunal below, no interference was warranted.
Conclusion: The refusal to permit impleadment and amendment at the belated stage was upheld, and the appeal was not admitted.