Rulings
HC: Cannot decide manner in which NCLT exercises jurisdiction; Dismisses plea citing “serious judicial overreach”
HC: Mere initiation of proceedings under SARFAESI Act, no bar to arbitration of disputes
NCLAT: Directs sole Financial Creditor of reconstituted CoC to pay CIRP costs, RP’s fees
IBBI: Suspends recognition of All India Valuers Association as an RVO for various non-compliances
HC: Refuses to terminate Arbitral-Tribunal’s mandate, given delay in proceedings not attributable to Tribunal
NCLAT: Delay in refiling/re-presentation of an appeal under IBC can be condoned
NCLAT: Affirms NCLT order allowing Liquidator to distribute accumulated-profits lying in Corporate Debtor’s account
HC: Arbitrator can award interest on interest; Affirms lower-court order upholding arbitral award
NCLAT: Affirms NCLT orders dismissing Liquidator’s plea for recovery of sundry debtors’ dues
HC: Quashes order refusing to consider cheque-dishonour case for being time-barred, given SC-order extending limitation
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