Rulings
NCLAT: Decision about payment to FD Holders, within CoC’s commercial-wisdom; Dismisses DHFL’s challenge to resolution-plan
SC: NI Act Sec. 138 applicable when debt incurred after drawing cheque, but before encashment
NCLAT: Allows successful auction-purchaser’s plea seeking timeline-extension for auction proceeding compliances in liquidation
SC: Allows SFIO's appeal challenging HC order granting bail to Directors of Adarsh Group
NCLAT: ‘Oppression and Mismanagement’ matters outside IBC scope; Rejects Corporate Debtor’s ex-director’s plea
NCLT: Directs fresh valuation of assets under liquidation, given process began in 2018
NCLAT: Record Management Services fall within “critical services”, to be continued during moratorium
SC: Lists Mistry Group’s application seeking expunction of adverse remarks, on Feb 28
HC: Rejects Zostel’s plea seeking to injunct Oyo IPO basis dispute over 7% stake
NCLAT: Affirms NCLT order admitting debenture holders’ insolvency application, given ‘debt’, ’default’ established
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