Rulings
SC: Quashes HC order confirming sale in auction-purchasers’ favor, restores DRAT ruling
NCLT: Urges Bar Council, IBBI to clarify whether practicing-advocate can appear as liquidator before Tribunal
HC: Denies arbitration request for dispute-settlement citing non-compliance of procedures stipulated in agreement
NCLT: Penalises Financial Creditor for “committing fraud on Tribunal”, obtaining CIRP-order basis “concocted-transaction”
NCLAT: Mere failure to file 2 years’ financial-statement cannot lead to striking-off Company’s name
HC: NCLT not bound by RP’s recommendations in insolvency process against Personal Guarantors
HC: Appoints Arbitrator for expeditious resolution of dispute over forged-signature on JV Agreement
HC: No act of insolvency by alleged individual debtor, in transferring sole property, absent debt proven
NCLAT: NCLT must adhere to Sec. 9 mandate; Dismisses appeal challenging insolvency-order
NCLT: Investments made by Corporate Debtor’s Director do not qualify as ‘operational debt’
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