Rulings
SC: Can deny arbitration reference if dispute in question doesn’t correlate to arbitration agreement
SC: Considering “near normal” situation, reverts to earlier order on limitation w.e.f. October 3
NCLAT: Amount refunded on reversal of Performance Guarantee invocation not Corporate Debtor’s asset
NCLT: Initiates CIRP against Corporate Debtor basis outstanding term loan in CIBIL Report
HC: Quashes ROC order disqualifying Director u/s 164; Follows Meethelaveetil ruling
HC: Transfers proceedings to NCLT after passing winding-up order, pursuant to creditors’ application
HC: Stays order declaring Visa Infrastructure as ‘Wilful Defaulter’, curbs Bank's “over-enthusiasm”
SC: ‘Corporate Debtor’s revival principal object of IBC’; Rejects plea challenging CIRP withdrawal
HC: Slams deponent for making false statement on oath regarding loan-amount disbursal, imposes costs
NCLT: Debars Financial Creditor from CoC for its inability to contribute towards CIRP costs