Rulings
NCLT: Related secured creditor invoking share-pledge on Corporate Debtor’s default not ‘preferential transaction’
NCLT: No representations regarding merger-scheme from authorities within 30 days of notice, implies no objection
HC: Copy of order rejecting Future Group’s plea seeking termination of Amazon’s arbitration proceedings before SIAC
NCLT: Declares RPTs executed without Board’s, shareholders’ consent, in violation of AoA, illegal
NCLAT: NCLT not obligated to defer CIRP proceedings if lenders considering restructuring proposal
HC: Rejects Karvy’s writ appeals against SFIO investigation, raps broker for “creating hindrances”
HC: Cannot interfere with Arbitrator’s appointment basis suspicion of bias, “imaginary apprehensions”
NCLAT: Balance sheet signing date is acknowledgement date under Limitation Act Sec. 18
NCLT: Admission of creditor’s claim in borrower’s CIRP, doesn’t bar realization of dues from co-borrower
NCLT: Restrains company from implementing resolutions passed in AGM held without considering shareholders’ requests
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