Rulings
IBBI: Bars IP from seeking new insolvency assignments, for failure to follow IBC norms
NCLAT: Revision of GST assessment order beyond RP’s jurisdiction, ‘not sustainable in law’
SC: Summons to Company's Directors justified in cheque-dishonour proceedings when complaint specifically avers involvement
NCLT: No timeline under IBC for submitting Arrangement Scheme; Salvages Corporate Debtor from “liquidation clutches”
SC: Complainant cannot pursue two parallel cheque dishonour proceedings, once settlement agreement executed
SC: 30-day notice not required under SARFAESI upon failure of first sale due to borrower
SC: Frames guidelines for granting bail to persons not arrested during investigation on filing of chargesheet
NCLAT: Directs NCLT to grant “reasonable and sufficient” opportunity to Zee for filing reply
HC: Dismisses Gautam Thapar’s plea challenging arrest by ED; Differentiates between custody and arrest
HC: Rejects petition seeking arbitrator appointment absent valid arbitration agreement between parties
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