Supreme Court: NCLAT Cannot Use its ‘Inherent Powers’ to Subvert Legal Provisions - 25.10.2024

SC has held that 'inherent powers' cannot be used to subvert legal provisions, which exhaustively provide for a procedure. To permit the NCLAT to circumvent this detailed procedure by invoking its inherent powers under Rule 11 would run contrary to the carefully crafted procedure for withdrawal.

Tags : Supreme Court Legal Provisions Inherent Powers

Share :