Rulings
NCLAT: RP’s ‘success fee’ more of a 'contingency', not part of IBC, subject to NCLT scrutiny
NCLT: Directs Liquidator to meet liquidation cost as ‘priority’ from funds realized in liquidation
NCLAT: No dereliction of duty on RP’s part in rejecting GST Commissioner’s "belated" claim
HC: Quashes PNB’s ‘unreasoned’ wilful defaulters order, remands matter for fresh consideration
NCLT: Directs freezing of Metalyst Forging Promoters’ assets over MCA plea seeking recovery of fraud-amount
NCLAT: Affirms NCLT order rejecting ex-employees’ insolvency-application, when salary dues cleared
SC: "IBC moratorium applicable only to Corporate Debtor"; Allows homebuyers to initiate proceedings against Promoters
NCLAT: Quashes NCLT order directing creditors to maintain status quo in “Slump Exchange” Scheme
HC: Decrees arbitration suit against Afghanistan Embassy in terms of Settlement Agreement
NCLAT: Upholds NCLT-order rejecting insolvency-petition filed by Creditor’s shareholder; Derivative action doctrine inapplicable