https://www.taxtmi.com/caselaws?id=783285 SC upheld the NCLAT's refusal to implead a third-party applicant as respondent in the company law appeal. It was held that impleadment requires a demonstrable, subsisting legal right or direct interest in the subject matter of the appeal. As the applicant was a stranger to the lis with no surviving right in the disputed subject matter, it could not claim participation in the appellate proceedings. Finding no legal infirmity or jurisdictional error in NCLAT's reasoning, SC dismissed the appeal. en-us Thu, 11 Dec 2025 00:00:00 +0530 Sat, 13 Dec 2025 08:28:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=783285 SC upheld the NCLAT's refusal to implead a third-party applicant as respondent in the company law appeal. It was held that impleadment requires a demonstrable, subsisting legal right or direct interest in the subject matter of the appeal. As the applicant was a stranger to the lis with no surviving right in the disputed subject matter, it could not claim participation in the appellate proceedings. Finding no legal infirmity or jurisdictional error in NCLAT's reasoning, SC dismissed the appeal. Case-Laws IBC Thu, 11 Dec 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=783285