Rulings
NCLAT: Amended IBC threshold applicable on date of application, not when debt became due
SC: CMM/DM empowered to appoint Advocate Commissioner for assistance in taking possession of secured assets
SC: SC to hear Mistry Group's plea seeking expunction of adverse remarks, after 10 days
NCLT: Co-operative Society not being a ‘Corporate Person’, IBC provisions inapplicable
HC: Arbitration clause giving exclusive right to one party, antithesis to “spirit of mutuality”
NCLAT: Withdrawal of CIRP against principal-borrower doesn’t bar initiation of insolvency process against guarantor
SC: SARFAESI Act overrides Central Excise Act; Bank charge, dues to have priority
SC: Employer liable to pay damages for delay in payment of EPF contribution
HC: No natural-justice principles violation in DIN deactivation by RoC, however, directs revival
NCLAT: Directs RP to pay 50% of outstanding due to supplier co.’s RP
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