Rulings
NCLT: Homebuyer can’t suffer due to improper maintenance of Corporate-Debtor’s records; RP to admit claim
HC: Affirms Director’s acquittal in cheque-bounce case, since Co. a ‘separate entity’
NCLAT: Rejects disgruntled solitary homebuyer’s appeal against majority-accepted resolution plan
HC: Upholds Arbitrator's authority to implead non-signatory to arbitration-agreement basis 'group of companies' doctrine
NCLT: Rejects Hrithik Roshan’s plea seeking classification as ‘homebuyer’ instead of ‘unsecured financial creditor’
SC: Upholds DDA’s unearned increase value demand against real estate co. post merger
NCLAT: Affirms NCLT-order regarding payment of Liquidator’s fees upon distribution of proceeds from asset-auction
SC: “HC can't entertain writ petition when effective alternative remedy available”; Allows SARFAESI-appeal
NCLAT: Directs pro-rata distribution of Resolution Plan amount to operational creditors, rectifies NCLT order
NFRA: Rs. 3 cr. penalty on Reliance Capital joint-auditor, for gross negligence in audit despite other auditor’s red-flags
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