Changing Incorrect Date Of Default Is Permitted Before Final Adjudication If No New Cause Of Action Is Raised By Such Amendment: NCLT Amravati

The NCLT, Amravati, has ruled that a "change in an incorrect date of default is permitted before final adjudication" if no new cause of action is introduced. The tribunal's decision clarifies a key procedural aspect of the IBC. The ruling reinforces the principle that a minor error can be corrected.