Rulings
NCLAT: Rejects insolvency application, absent liability acknowledgement by Corporate Debtor, to extend limitation-period
SC: Quashes HC, District Court order interfering with Arbitral Tribunal’s reasonably interpreted award
NCLT: Creditor cannot be ‘financial creditor’ if no amount disbursed to Corporate Debtor
HC: Discharges DHFL from CBI case, quashes order prosecuting its ex-Directors
HC: Upholds Arbitrator’s ‘reasoned’ award, citing limited scope of interference under Arbitration Act
NCLT: Interest-bearing security deposit qualifies as ‘financial debt’
NCLT: Directs RP to consider claims backed by MSME Facilitation Council award
NCLAT: Quashes NCLT order directing clubbing of real estate allottees’ insolvency initiation applications
NCLAT: Liquidator duty-bound to take Corporate Debtor’s assets’ control, attachment under State Act no bar
HC: Rejects plea to quash summons under PMLA for offence committed during commercial transaction