Rulings
HC: Dismisses Dish TV promoter’s plea seeking to restrain YES Bank from participating in EGM
NCLAT: Electricity provider cannot recover dues from Successful Auction Purchaser under IBC
NCLT: Rejects insolvency application filed basis alleged “sham transactions camouflaged as unsecured loans”
NCLAT: Sets aside NCLT’s ex-parte order against Corporate Debtor, directs fresh consideration
NCLAT: Directs Financial-Creditors to refund extra chunk received from resolution applicant, to unsecured loan-holder
HC: Arbitral Tribunal cannot frame issue on claims already decided vide interim award
NCLAT: Extent of liability not determining factor at CIRP initiation stage; Affirms NCLT order
NCLT: Unsigned accounts-statement attached in email not valid acknowledgement of debt; Dismisses insolvency-application
HC: DRT not empowered to restrain debtor from travelling abroad, quashes order
NCLT: Rs. 1 Cr. penalty on real-estate developer for seeking insolvency-initiation u/s 10, to defraud homebuyers
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