Rulings
HC: Refuses to enforce foreign arbitral award passed without opportunity of oral hearing
NCLAT: CIRP unwarranted when Corporate Debtor in position to repay dues; Quashes NCLT-order
NCLAT: Eligibility u/s 203 of Companies Act applicable for appointment of private co.’s CFO
HC: Sales-tax dues not recoverable from Directors of Company absent statutory provision
NCLT: Liquidator empowered to decide ‘best’ mode for sale of Corporate Debtor
NCLT: Removes IP as Corporate Debtor’s Liquidator given IBBI SCN issued against him
SC: Courts cannot modify arbitral award in proceedings under Sec. 34, 37 of Arbitration Act
HC: Quashes order summoning ex-CMD for alleged wrongful-withholding of co.’s property, given pending civil-suit
NCLAT: Quashes NCLT order rejecting Financial Creditor’s plea seeking RP appointment, upholds CoC’s commercial wisdom
SC: Reiterates, CIRP can be initiated against guarantor without first suing principal borrower
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