Rulings
NCLAT: "Make Jet CIRP a success"; Directs Airline's handover to Jalan-Kalrock consortium
HC: Upholds classification of co.'s account as NPA basis non-reviewed/renewed credit limits
NCLAT: Sets aside NCLT order allowing CIRP withdrawal, given Form ‘FA’ improper
SC: Dismisses SBI's timeline extension plea for compliance with directions in Electoral Bonds case
NCLT: Rejects bank's challenge to resolution plan, given its acquiescence to CIRP, valid CoC resolutions
HC: Directs payment of awarded amount determined by Arbitrator for staying execution
NCLT: ‘Power of Attorney Holder’ cannot file insolvency petition unless ratified by Board of Directors
HC: Can invoke vicarious liability in cheque-dishonour suit, when cheque issued with Director's consent
NCLAT: Financial Creditors have recourse against Personal Guarantors, given extinguished 'right of subrogation’
HC: Grants bail to ex vice-chairman of IL&FS on grounds of ‘fragile’ health conditions