Rulings
NCLT: Allows Creditor’s application seeking to initiate CIRP against Personal Guarantors
HC: Restrains IL&FS from creating third-party interest in bidder’s assets, pending specific-performance suit
HC: Resolution plan approval extinguishes prior claims; Quashes Revenue’s assessment notices
NCLT: Insurer deemed to be ‘Operational Creditor’ if ‘Insured’ assigns debt legally
SC: Invocation of Promoter’s personal-guarantee by any creditor, makes him ineligible u/s 29A
NCLAT: Allows Ericsson’s appeal, dispenses with Shareholders’ & Creditors’ meetings for WOS-Parent Co. merger
NCLAT: ‘Mortgage Deed’ cannot come in way of insolvency application, given IBC Sec. 238
HC: Quashes compliant implicating Directors for defamation; “No provision for ‘vicarious liability’ under IPC”
SC: Copy of ruling upholding NCLAT order directing winding-up of Devas Multimedia
HC: Convicts ‘serial litigant’ NGO’s “directing mind", 'volunteer', in Azim Premji case
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