Rulings
SC: Dismisses appeal seeking stay on Devas Multimedia’s liquidation proceedings
SC: Non-listing of bail application impinges upon liberty of person-in-custody; Directs early hearing
NCLT: Attachment of Corporate Debtor’s bank accounts, during moratorium, “antithetical”; Directs release
NCLT: Sec. 7 insolvency petition not-maintainable against NBFC
NCLT: Allows IRP’s CIRP withdrawal application after inviting claims; Sets aside cost for misconduct
NCLT: Shareholders meeting in mergers cannot be dispensed with, given Sec. 230 mandate
NCLT: Approves Vedanta Group Co.’s resolution plan for 13 Videocon companies
NCLAT: Sec. 29A ineligibility attaches during resolution-plan submission; Quashes NCLT order approving Guarantor’s plan
SC: Proceedings u/s 34 of Arbitration Act not maintainable against foreign award
SC: “Financial reliefs within Govt. domain”; Dismisses plea seeking direction for Covid-19 remedial measures