Rulings
NCLT: Directs Tenant of shop in Corporate Debtor’s Mall, to handover possession to Liquidator
HC: Condones delay in filing Foreign Award enforcement petition, subject to payment of costs
NCLT: Dismisses customs department’s plea for condoning unreasoned delay in submitting claim to RP
NCLT: Cannot modify CoC-approved resolution plan’s terms; Disallows imposition of pre-conditions for implementation
HC: DIN not liable to be deactivated solely for ‘temporary’ disqualification u/s 164(2)
HC: No sovereign immunity against arbitral award enforcement to Foreign States “wearing commercial entity hat”
NCLT: Post favouring Resolution Plan, CoC-members can't come up with “new” commercial wisdom on viability
HC: Quashes arbitral-award requiring BCCI to pay over Rs. 4,800 Cr. to Deccan Chargers for IPL Agreement-termination
NCLT: Extends timelines for implementation of Resolution Plan, due to COVID-19 second wave
IBBI: Disposes of SCN questioning IRP’s conduct in CIRP of three Corporate Debtors
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