Inadvertent Typographical Errors in NCLT Orders can be Corrected u/r 154 of NCLT Rules: NCLAT

The National Company Law Appellate Tribunal (NCLAT) has affirmed the power of the National Company Law Tribunal (NCLT) to correct typographical errors in its orders under Rule 154 of the National Company Law Tribunal Rules, 2016. The tribunal validated minor amendments to orders, emphasizing that such corrections are permissible to maintain procedural accuracy and ensure that the written orders accurately reflect the decisions made during insolvency proceedings. This ruling clarifies that while major alterations to orders are not allowed under the guise of rectification, minor, obvious errors can be corrected to prevent ambiguities and facilitate the smooth execution of insolvency resolutions.