Rulings
HC: Rejects IFIN’s challenge to SEBI Enforcement Department’s show cause notice for LODR violation
HC: Raps individual-guarantor for “complete waste of time”, seeking quashing of insolvency process
SC: Foreign award enforceable against non-signatories to arbitration agreement, upholds HC order
SC: Arbitration venue designated by parties under agreement becomes ‘seat’, confers exclusive jurisdiction
SC: Quashes NCLAT order misinterpreting ‘existence of dispute’, upholds NCLT’s refusal to initiate CIRP
NCLAT: Directs NCLT to consider CIRP period extension, given successful-bidder’s unsound financial-health
NCLAT: Terminates insolvency process against Corporate Debtor, upon settlement between parties
NCLAT: Rejects Resolution Applicant’s plea seeking fees waival on Corporate Debtor’s capital restructuring
NCLAT: Societies not ‘corporate persons’, IBC provisions don’t apply; Affirms NCLT order
SC: Rejects operational creditors’ appeal against Reliance Digital’s approved resolution plan for Reliance Infratel