Companies Act, 2013 · Chapter XXVII: National Company Law Tribunal and Appellate Tribunal
Section 420: Orders of Tribunal
(1) The Tribunal may, after giving the parties to any proceeding before it, a reasonable opportunity of being heard, pass such orders thereon as it thinks fit.
(2) The Tribunal may, at any time within two years from the date of the order, with a view to rectifying any mistake apparent from the record, amend any order passed by it, and shall make such amendment, if the mistake is brought to its notice by the parties:
Provided that no such amendment shall be made in respect of any order against which an appeal has been preferred under this Act.
(3) The Tribunal shall send a copy of every order passed under this section to all the parties concerned.
Source: India Code (indiacode.gov.in), the consolidated text published by the Legislative Department, Government of India. Text as updated on India Code on 14 October 2026. Words in square brackets [ ] were inserted or substituted by later amending Acts, and *** marks words omitted by an amendment. The amendment footnotes are not reproduced here. Official text on India Code.
Supreme Court judgments citing the section 420
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Tata Steel Ltd. v. Raj Kumar Banerjee & Ors.
(i) Whether the additional condonable period of 15 days as provided under section 61(2) IBC commences from the end of the prescribed limitation period of 30 days, in case the prescribed limitation period for filing the…
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A. Rajendra v. Gonugunta Madhusudhan Rao & Ors.
Whether the limitation to file an appeal under Section 60(5) of the Insolvency and Bankruptcy Code starts from the date of pronouncement of the order or from the date when the order is communicated to the parties.
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State Bank of India v. India Power Corporation Limited
The issue which arises for consideration is the interpretation of Rule 50 of the National Company Law Tribunal Rules, 2016 (NCLT Rules) and Rule 22 of the National Company Law Appellate Tribunal Rules, 2016 (NCLAT…
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Sanjay Pandurang Kalate v. Vistra Itcl (India)
Whether appeal instituted before the NCLAT was within limitation. In its impugned order, the NCLAT concluded that the appeal was barred by limitation on the ground that it was instituted beyond the outer limit of 45…
- V Nagarajan v. Sks Ispat and Power Ltd.& Ors.
- Tata Consultancy Services Limited v. Cyrus Investments Pvt. Ltd. and Ors.
- Sagufa Ahmed & Ors. v. Upper Assam Plywood Products Pvt. Ltd. & Ors.
- M/S Embassy Property Developments Pvt. Ltd.V. State of Karnataka & Ors. v. State of Karnataka & Ors
- Swiss Ribbons Pvt. Ltd. & Anr. v. Union of India & Ors.