TaxTMI 
TaxTMI 
2017 (8) TMI 802
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.... therein. Thereafter, the appellant preferred two separate applications under Rule 154 of the National Company Law Tribunal Rules, 2016 (hereinafter referred to as 'Rule, 2016) for review of both the orders dated 26th September, 2016 on the grounds that there are omissions the Tribunal having not taken into consideration the judgment of the National Company Law Appellate Tribunal (hereinafter referred to as "Appellate Tribunal") dated 28th February, 2016 in M/s. Viavi Solutions India Private Limited & others vs. Registrar of Companies, NCT Delhi and Haryana - Company Appeal (AT) 49 ect. of 2016 whereunder the Appellate Tribunal laid down the factors to be taken into consideration for compounding the offences. The Tribunal by two differe....
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.... (1) The Tribunal may, after giving the parties to any proceeding before it, a reasonable opportunity of being heard, pass such orders thereon as it thinks fit. (2) The Tribunal may, at any time within two years from the date of the order, with a view to rectifying any mistake apparent from the record, amend any order passed by it, and shall make such amendment, if the mistake is brought to its notice by the parties: Provided that no such amendment shall be made in respect of any order against which an appeal has been preferred under this Act. (3) The Tribunal shall send a copy of every order passed under this section to all the parties concerned." 5. The Tribunal has inherent power under Rule 11 of NCLT R....
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....etermination of the real question or issue raised or depending on such proceeding, as shown below: "155. General power to amend.- The Tribunal may, within a period of thirty days from the date of completion of pleadings, and on such terms as to costs or otherwise, as it may think fit, amend any defect or error in any proceeding before it; and all necessary amendments shall be made for the purpose of determining the real question or issue raised by or depending on such proceeding." 8. From the aforesaid provisions, it is clear that there is no inherent power to review, as is under Order 47 Rule 11 of the Code of Civil Procedure, 1908 but the Tribunal has power conferred by sub-section (2) of Section 420 of the Act, 2013 ....
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....urt was referred, it cannot be accepted to be an "omission" by Tribunal. Further no Court or Tribunal is bound to refer all or any judgment cited by anyone or other party, whether relevant or irrelevant. 13. For the reasons aforesaid and as the Tribunal has no general power to review its own order or judgment, we uphold the impugned orders dated 24th April, 2017 passed by Tribunal. 14. In so far as the original orders both dated 26th September, 2016 is concerned, we are not inclined to decide the case on merit in respect to the aforesaid orders, which are reached finality in view of Section 421 of the Companies Act, as quoted below: "421. Appeal from orders of Tribunal.- (1) Any person aggrieved by an order of the Tr....