Rulings
SC: Lists Mistry Group’s review petition in Tata matter tomorrow
NCLAT: Call for fresh valuation not barred under IBC, dismisses dissenting Financial Creditor’s appeal
SC: Upholds NCLT, NCLAT rulings holding NOIDA as ‘Operational Creditor’, absent ‘financial lease'
HC: Terminates unilaterally appointed Arbitrator’s mandate, imposes costs on Respondent for subverting arbitral-process
NCLT: Dismisses ex-Promoters’ plea for consideration of their resolution-plan, Corporate Debtor not being MSME
NCLAT: Quashes NCLT order admitting MD’s insolvency plea over time-barred salary arrears
SC: Declines interim relief on petitions against LIC IPO, but issues notice
NCLAT: IBC Sec. 238 cannot be pressed to override NOIDA’s power under UP Industrial Development Act
NCLAT: Rs. 1 Cr. CIRP threshold required even if default relates to consent-terms of earlier application
NCLAT: Sets aside NCLT’s ex-parte insolvency order, absent opportunity to file reply