Rulings
SC: Quashes CIRP against real-estate developer; Cites homebuyers’ interest, Promoter’s willingness to complete project
NCLT: Directs MCA to investigate into Company’s affair for alleged fraudulent conduct
NCLT: Approves appointment of new RP, given huge fee requested by current IRP
NCLT: Rejects Liquidator’s plea for stay on order attaching Corporate Debtor’s properties under Benami Act
NCLAT: Corporate Debtor’s suspended Directors ‘duty bound’ to cooperate with RP, sign financial statements
HC: Upholds Arbitral award holding public-issue underwriters liable for failing to discharge underwriting obligations
NCLT: Rejects dissenting creditor’s plea seeking payment under approved resolution plan
NCLAT: Two Operational Creditors cannot file joint insolvency application against Corporate Debtor
SC: Upholds Maharashtra Govt.’s notifications attaching 63 Moons’ properties under MPID Act
IBBI: Valuer booked for criminal offences not ‘fit and proper’, cancels registration
Pages
