Rulings
NCLAT: Non-inclusion of Financial Creditor in CoC before its first meeting, “infraction of IBC”
SC: Accepts SEBI’s apology, closes contempt proceedings initiated by RIL
NCLAT: Directs Jet Airways’ new owner, Jalan-Kalrock Consortium to hand-over unpaid seller’s equipment
NCLAT: Permits Financial Creditor to intervene in Sec. 9 proceedings, citing ‘exceptional circumstances’
HC: Rejects accused ex-director’s plea seeking to quash cheque-dishonor proceedings against him
IBBI: Penalizes IP for appointing unregistered valuer, buying insurance policy without CoC-approval
NCLAT: Imposes Rs. 25 lakh penalty on Operational Creditor for filing ‘fraudulent’ insolvency application
NCLT: Upholds RP’s memo directing homebuyers to stop construction activities on Corporate Debtor’s property
SC: Allows ED to proceed against accused for handing-over amount with intention to bribe
SC: Dismisses SLP challenging HC-order attaching Amnesty International’s bank accounts under PMLA
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