https://www.taxtmi.com/caselaws?id=781742 NCLAT dismissed the appeal in an oppression and mismanagement matter arising from proceedings under Sections 241-242 initiated by the Union of India based on an SFIO report. It held that the NCLT order dated 18.07.2019, having been affirmed on merits in Company Appeal No. 215/2019, had merged with the appellate order. The subsequent withdrawal of the appellant's civil appeal before SC did not affect this merger, and the original NCLT order could not be used to seek review or recall. Reliance on SC orders in similar cases (including those of two other appellants) was rejected, as those arguments had already been considered when the appellant chose to withdraw the SC appeal. The rejection of CA No. 121/2022 was upheld. en-us Wed, 12 Nov 2025 00:00:00 +0530 Thu, 20 Nov 2025 08:42:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=781742 NCLAT dismissed the appeal in an oppression and mismanagement matter arising from proceedings under Sections 241-242 initiated by the Union of India based on an SFIO report. It held that the NCLT order dated 18.07.2019, having been affirmed on merits in Company Appeal No. 215/2019, had merged with the appellate order. The subsequent withdrawal of the appellant's civil appeal before SC did not affect this merger, and the original NCLT order could not be used to seek review or recall. Reliance on SC orders in similar cases (including those of two other appellants) was rejected, as those arguments had already been considered when the appellant chose to withdraw the SC appeal. The rejection of CA No. 121/2022 was upheld. Case-Laws Companies Law Wed, 12 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=781742