Rulings
NCLAT: Rejects personal guarantors’ appeals against NCLT order appointing RP
NCLAT: Limitation commences from date of pronouncing order, not suspended till order uploaded on website
HC: Allows CS's plea against prosecution for filing allegedly false declaration w.r.t. shareholders' approval to amalgamation
NCLAT: Foundation for triggering CIRP ‘liquidity’, not ‘property’; Dismisses appeal against NCLT's insolvency-order
NCLT: Allows RP’s plea to reclassify claims pertaining to arbitration awards
HC: Implementation of Amalgamation scheme doesn't frustrate priorly initiated arbitration proceedings
SC: Resolution Applicant can’t unilaterally amend or withdraw resolution plan post CoC approval
SC: Art.142 cannot defeat natural justice principles; Rejects automatically lapse of HC stay orders
NCLT: "Loss incurred" no basis to call transaction "fraudulent" when 'intent' absent
SC: Cannot entertain appeal against NCLAT decision rendered by way of 'remand order'
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