NCLT Kochi Bench dismisses application seeking recall of ex-parte order restraining directors from representing Green Hearts Pvt Ltd.
Applicants failed to file reply despite multiple opportunities, leading to closure of their right to defend in oppression case.
Tribunal imposes costs of ₹25,000 for abuse of process, noting statutory appeal remedy was available but not pursued.
Original petition alleged mismanagement, unauthorized director appointments, and removal of company records worth ₹35 lakhs.