Steno NCLT Exams Dictation No. 482

A glance at the Judgment dated 7th February, 2020 passed in appeal by this Appellate Tribunal, in respect whereof rectification/clarification/modification is sought, would reveal that the disposal of the appeal rests upon the ratio of judgment rendered by the Honorable Apex Court in Forech India Limited (Supra). Since the relevant paras being 21 to 23 of the Forech Judgment have been cited and relied upon by this Appellate Tribunal in the judgment under discussion, we do not propose to reproduce the same again I.A. Nos. 811, 917, 962 and 1587 of 2020 in Company Appeal No. 1434 of 2019 only to increase the volume of this order