Rulings
NCLAT: Dispenses with shareholders', creditors' meeting for Ambuja Cement’s merger with WOS
NCLT: Initiates insolvency process against Wizcraft, for failure to honor corporate guarantee
SC: Mere possibility of alternate interpretation, insufficient to interfere with Arbitrator’s 'reasoned' award
NCLAT: Copy of NCLAT order staying NCLT order directing DHFL CoC to consider Promoter’s Settlement Proposal
NCLT: Directs DHFL CoC to consider Promoter’s Settlement Proposal
NCLT: Declares transactions carried by Corporate Debtor’s Director, to defraud Creditors, as ‘invalid’
SC: Copy of judgment upholding validity of IBC provisions for personal guarantors
SC: Deposit for unlawful mining under MMDRA not “proceeds of crime” under PMLA
HC: Urges companies to “answer call of duty”, contribute CSR funds towards Covid-19
NCLAT: Affirms suspension of CoC constituted in derogation of NCLT order