Rulings
SC: Issue of novation of contract containing arbitration-clause cannot be decided at Sec. 11 stage
HC: Challenge to order rejecting amendments beyond ambit of appeal under Arbitration Act
NCLAT: CoC’s acceptance of Resolution Applicant’s EOI after due-date, “not a commercial decision”
NCLAT: “Cannot pre-judge issues”; Reprimands Creditor for seeking clarification on 'hypothetical question'
HC: Interimly restrains IT Authorities from breaching Ultra Tech’s approved Resolution Plan
HC: Statutory dues on Corporate-Debtor’s vehicles can be recovered only under IBC waterfall mechanism
HC: IBC moratorium no bar on wilful defaulter proceedings against promoter
NCLAT: Allows dispensation of stakeholders’ meeting for amalgamation of WOS with Parent
NCLAT: Dismisses RP’s appeal challenging NCLT’s refusal to stay CIRP of Corporate Debtor’s subsidiary
NCLT: Compounds delay in filing Cost Audit Report due to MCA portal glitches