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Union of India - Section

Section 56 in National Company Law Appellate Tribunal Rules, 2016

56. Award of costs in the proceedings.

(1)Whenever the Appellate Tribunal deems fit, it may award cost for meeting the legal expenses of the respondent or defaulting party.
(2)The Appellate Tribunal may in suitable cases direct appellant or respondent to bear the cost of litigation of the other side, and in case of abuse of process of court, impose exemplary costs on defaulting party.