Rulings
NCLT: Dismisses Corporate Debtor’s plea seeking to call additional documents under Rule 43
NCLAT: Pulls up RP for inviting fresh plans, misinterpreting CIRP-Regulations; Quashes “illegal” NCLT order
HC: Empowered to entertain writ against IBBI-order if it affects IP’s work in its territorial-jurisdiction
SC: Ex-Promoters cannot hold stake in insolvent firm; Affirms NCLAT-order directing stake sale basis approved-plan
SC: Need for balance between RBI’s RTI disclosure policy for Banks and Right to Privacy
NCLAT: Upholds NCLT order rejecting CIRP initiation application basis non-fulfilment of Rs. 1-Cr. threshold
IBBI: Suspends IP for being a “habitual offender”, committing serious contraventions repeatedly
HC: Grants statutory bail to Chitra Ramkrishna, Anand Subramanian in NSE co-location case
NCLAT: Denies withdrawal of approved resolution plan citing ‘disastrous effect’ on IBC object
SC: Arbitrators not empowered to ‘unilaterally’ fix their fees; Issues directives governing Arbitrators’ fees
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