https://www.taxtmi.com/caselaws?id=313304 NCLAT dismissed appeals challenging rejection of recall applications filed by appellant against order admitting RBI's Section 227 application. Tribunal held recall power exists only for procedural errors or fraud, not for re-agitating grounds already unsuccessfully challenged on appeal. Appellant's claim of Section 10A bar violation was unfounded as appeals were dismissed for 321-day delay in refiling. Court emphasized IBC's timeline requirements, noting recall applications were filed 17 months after admission order following unsuccessful challenges before NCLAT and SC. en-us Tue, 04 Apr 2023 00:00:00 +0530 Sat, 06 Apr 2024 05:28:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=313304 NCLAT dismissed appeals challenging rejection of recall applications filed by appellant against order admitting RBI's Section 227 application. Tribunal held recall power exists only for procedural errors or fraud, not for re-agitating grounds already unsuccessfully challenged on appeal. Appellant's claim of Section 10A bar violation was unfounded as appeals were dismissed for 321-day delay in refiling. Court emphasized IBC's timeline requirements, noting recall applications were filed 17 months after admission order following unsuccessful challenges before NCLAT and SC. Case-Laws Insolvency and Bankruptcy Tue, 04 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=313304