Rulings
HC: Arbitral Tribunal can’t rewrite contracts, quashes award “vitiated by patent illegality”
NCLAT: Calls upon IBBI to amend statutory-scheme to include claims not filed, under Resolution Plan
NCLAT: Timeline prescribed for RP to take action against fraudulent transactions, only ‘directory’
HC: Directors cannot be made vicariously liable for cheque-dishonor absent offence attributable to company
NCLT: Admits Operational Creditor’s insolvency application, ‘privity of contract’ having been proved
NCLAT: Upholds NCLT-order quashing Govt. Corporation’s notice cancelling lease-agreement with Corporate Debtor during moratorium
NCLT: Can't ‘recall’ insolvency-order basis SC’s subsequent contrary decision regarding "nature of debt"
HC: Refuses bail to Sterling Biotech’s KMPs remanded to SFIO custody in fraud case
SC: Grants 5-hour interim bail to accused in Unitech PMLA case on ‘humanitarian grounds’
SC: Remands insolvency matter to NCLAT, absent opportunity of hearing to Corporate Debtor
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