Rulings
NCLT: Rejects insolvency application filed by 2 homebuyers, absent satisfaction of thresholds
HC: Challenge to nominated Arbitrator's appointment not maintainable before ordinary Civil Court
NCLAT: Balance confirmation letters executed by Corporate Debtors’ Guarantors qualify as ‘acknowledgement of debt’
HC: Pendency of application for setting aside arbitral award no bar for seeking enforcement
NCLAT: Interest-free loan, absent evidence showing grant for “time value of money”, not “financial debt”
HC: Reads riot act to 'serial litigant' contesting Azim Premji Cos. amalgamation; Bars further proceedings
NCLAT: Annual returns, balance-sheets cannot be ignored while deciding acknowledgement under Limitation Act
SC: NCLT “sufficiently empowered” to determine charges payable to Valuer appointed during CIRP
SC: Arbitration clause existence doesn’t debar Court from entertaining writ in contractual matter
NCLT: Ex-promoters cannot file merger scheme post sale of Corporate Debtor’s assets under liquidation