Rulings
NCLAT: Quashes NCLT-order admitting real estate allottee’s insolvency application, given inadequate threshold
HC: Madras HC dismisses writ petition challenging LIC IPO
HC: Quashes Lookout Circular, absent tangible material to prove ‘flight risk’
NCLT: Loan disbursal can’t be established merely on basis of Form 26AS; Dismisses insolvency application
NCLAT: Allows successful bidder to make balance payments to secured-creditors beyond Resolution-Plan schedule
HC: Rejects sugar trader’s anticipatory bail application in money laundering case
HC: Applicability of stamp-duty on Arbitration Agreement to be decided basis place of ‘execution’
NCLAT: Upholds Corporate Debtor’s liquidation considering its non-registration as MSME before CIRP
SC: Cannot restrain bank from selling mortgaged-property under SARFAESI unless borrower pays entire dues
NCLT: Quashes Geology Department’s order terminating right of Co. under liquidation for non-payment of dues
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