Rulings
HC: Quashes attachment-order passed without “reason to believe”; Cites “flagrant” violation of natural justice
NCLAT: Upholds order directing Police Commissioner to assist Liquidator in taking-over Corporate Debtor’s possession
NCLAT: NCLT should ensure whether CIRP-order is communicated to IRP, before questioning conduct
HC: “Prima facie” observations of Single Judge cannot be interfered with; Rejects appeal
HC: Directs parties to maintain status-quo till availability of PMLA Appellate Tribunal
NCLT: Copy of NCLT-order approving Jalan-Kalrock Consortium’s Rs. 1375 Cr. Plan for Jet Airways resolution
SC: Limitation Act applicable to arbitration proceedings initiated under MSME Development Act
NCLAT: Rejects unconnected party’s “premature” appeal against NCLT order approving DHFL resolution plan
NCLAT: Cannot direct Creditor, Debtor to go for arbitration absent reference by either party
NCLAT: Affirms NCLT order refusing to condone delay in filing claims with RP