Rulings
HC: Quashes DRI-order raising demand against Corporate Debtor after resolution-plan approval by NCLT
HC: Stays IBBI-order directing RP to undergo pre-registration course, given lack of coram
SC: Powers of District/Chief Metropolitan Magistrate u/s 14 of SARFAESI Act, “ministerial”
HC: Quashes challenge to Sec. 7; Financial-creditors can converge to touch Rs. 1 cr. threshold
NCLAT: Corporate Debtor’s agreement with third-parties cannot dilute Financial Creditor’s debt; Upholds CIRP-initiation
SC: Mere ‘designations’ not sufficient to make Director liable for cheque dishonour proceedings
SC: Debt acknowledgment before 3-year limitation period expiry, extends CIRP petition limitation
HC: Writ challenging Arbitral Tribunal’s interim order ‘not maintainable’, given availability of alternate remedy
NCLAT: Upholds company’s scheme for share capital reduction unanimously approved by shareholders; Quashes NCLT-order
IBBI: Directs IP to retake pre-registration education course, citing ignorance of provisions in liquidation-process
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