Rulings
HC: Lifts attachment of property, recovery right under SARFAESI overrides Revenue's claim on tax dues
NCLAT: Examining nature of transaction before admitting insolvency-application, within Adjudicating Authority’s jurisdiction
SC: Interest-free loans to finance Corporate Debtor’s business operations, within ‘financial debt’ ambit
HC: Directs ED to release income accrued on Devas Multimedia’s attached assets, for liquidation
NCLAT: Rejects Resolution Applicant’s appeal, given no order passed by NCLT
NCLAT: Claims not considered under resolution plan, stand ‘extinguished’ on NCLT’s approval
NCLAT: Reserves judgment in Devas Multimedia winding-up case
NCLT: Directs Directors to part ways on mutual terms owing to distrust among them
HC: Can’t re-appreciate evidence to examine arbitral award; “Tribunal the final arbiter”
NCLAT: Rejects 63 Moons’ plea seeking interim stay on Piramal’s resolution plan for DHFL