https://www.taxtmi.com/caselaws?id=464992 HC held that despite availability of an appellate remedy, its supervisory jurisdiction under Article 227 could be invoked where the Tribunal acted without jurisdiction. Relying on precedents affirming judicial review as part of the Constitution's basic structure, HC found that the concerned NCLT lacked territorial jurisdiction and that exclusive jurisdiction lay with NCLT, Cuttack Bench. The corporate debtor's failure to contest proceedings did not amount to a valid waiver of objection to territorial jurisdiction. Finding a manifest jurisdictional error and grave injustice, HC declared the revisional application maintainable, quashed the impugned orders dated 5.9.2019 and 5.11.2019, and directed transfer of proceedings to NCLT, Cuttack. en-us Thu, 13 Aug 2020 00:00:00 +0530 Wed, 26 Nov 2025 16:02:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=464992 HC held that despite availability of an appellate remedy, its supervisory jurisdiction under Article 227 could be invoked where the Tribunal acted without jurisdiction. Relying on precedents affirming judicial review as part of the Constitution's basic structure, HC found that the concerned NCLT lacked territorial jurisdiction and that exclusive jurisdiction lay with NCLT, Cuttack Bench. The corporate debtor's failure to contest proceedings did not amount to a valid waiver of objection to territorial jurisdiction. Finding a manifest jurisdictional error and grave injustice, HC declared the revisional application maintainable, quashed the impugned orders dated 5.9.2019 and 5.11.2019, and directed transfer of proceedings to NCLT, Cuttack. Case-Laws IBC Thu, 13 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=464992