Rulings
NCLT: Corporate Debtor’s future liabilities don't qualify as ‘claim’ under IBC
NCLAT: Limits Supertech’s insolvency-process to one project, other projects to proceed under IRP’s supervision
IBBI: Suspends Insolvency Professional’s registration for conducting CIRP in ‘brazen’ manner
HC: Rejects PSU’s challenge to arbitral-award favouring small scale enterprise, absent grounds for interference
HC: Quashes “arbitrary, illegal” ROC-orders deactivating DIN u/s 164, 167 of Companies Act
HC: Foreign creditors cannot be treated differently; Refuses to reject Japanese Bankruptcy Trustee’s suit
SC: Quashes Arbitral Award passed without considering plea for “Group of Companies” Doctrine application
NCLAT: Quashes NCLT’s ex-parte CIRP initiation against Corporate Guarantor, cites “forum shopping” by Creditor
HC: Analysis of Bombay HC Division Bench ruling in Dish TV-Yes Bank legal battle
HC: IBC-proceedings can't be pressed into service to dilute Income Tax Dept.'s right to re-open assessment
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