Adjudicating Authority Can Recall Orders Obtained Through Fraud Under Rule 11 Of NCLT Rules: NCLAT

The NCLAT ruled that the adjudicating authority has the power to recall orders obtained through fraud under Rule 11 of the NCLT Rules. The case examined the ability of the tribunal to review decisions that were influenced by fraudulent activities. The ruling empowers the authority to ensure justice is served, even if previous orders were issued under deceptive circumstances. The judgment is a significant step toward maintaining the integrity of the insolvency process and ensuring that fraudulent practices do not undermine the legal framework.