Don’t Let Justice Be Overruled: Honouring NCLT and NCLAT in the DHFL Debacle
In the long and convoluted journey of the DHFL insolvency saga, two quasi-judicial bodies—NCLT and NCLAT—stood out for their timely, bold, and procedurally sound interventions. From directing a reconsideration of the 100% offer to identifying discriminatory irregularities in the resolution process, these tribunals prioritized justice over expediency. This post is both a thanksgiving and a public appeal: NCLT and NCLAT must not allow their principled findings to be buried by later Supreme Court overruling. In an era of post-truth, let institutional memory resist judicial amnesia.
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