Adjudicating Authority have Inherent Power to Recall Its Judgement But Has No Power To Review: NCLAT

The National Company Law Appellate Tribunal (NCLAT) ruled that adjudicating authorities have the inherent power to recall their judgments but do not have the power to review them. The case involved a dispute over the recall of a judgment by an adjudicating authority. The NCLAT held that while adjudicating authorities can recall their judgments to correct errors or address procedural issues, they cannot review the substance of the judgment. This ruling clarifies the scope of the powers of adjudicating authorities and reinforces the principle that judgments can only be recalled for limited purposes. The decision is expected to impact the handling of disputes and the correction of errors in judicial proceedings.