NCLAT Dismisses Rathna Stores Liquidator's Recall Plea

NCLAT dismisses liquidator's application to recall its order denying his claim for additional remuneration of ₹30.49 lakh.
The liquidator sought exclusion of 7 months from the liquidation period to claim higher fees under Regulation 4 of Liquidation Regulations.
The Tribunal found the application to be an impermissible review, not meeting the strict grounds for recall as established by Supreme Court precedent.
The original appeal was dismissed as the work performed was deemed part of the liquidator's routine duties.