https://www.taxtmi.com/caselaws?id=465714 An application sought amendment to rectify the pleaded "date of default" in insolvency proceedings. The AT held that amendment principles bar changes that withdraw or override an existing pleading/admission or alter the genesis of the case, and that the impugned order failed to consider the parties' pleadings while permitting an amendment that would nullify an already-raised dispute on date of default with potential limitation consequences. The order allowing rectification/amendment was quashed, and the matter was remitted to the NCLT to decide the pending interlocutory application on merits after allowing exchange of pleadings, including consideration of the date of default and its limitation impact. Appeal allowed. en-us Wed, 30 Apr 2025 00:00:00 +0530 Tue, 06 Jan 2026 22:17:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=465714 An application sought amendment to rectify the pleaded "date of default" in insolvency proceedings. The AT held that amendment principles bar changes that withdraw or override an existing pleading/admission or alter the genesis of the case, and that the impugned order failed to consider the parties' pleadings while permitting an amendment that would nullify an already-raised dispute on date of default with potential limitation consequences. The order allowing rectification/amendment was quashed, and the matter was remitted to the NCLT to decide the pending interlocutory application on merits after allowing exchange of pleadings, including consideration of the date of default and its limitation impact. Appeal allowed. Case-Laws IBC Wed, 30 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=465714