Rulings
NCLT: Compounds offence of non-filing of Cost Audit Report, imposes Rs. 1.5 lakh compounding fee
NCLAT: Quashes NCLT order directing reversal of paid-up capital increase in oppression case
HC: Rejects minority shareholder's plea seeking quashing of winding-up sanction order against Devas, imposes costs
SC: HC cannot ‘secure ends of justice’ at the cost of breach of IBC-moratorium provisions
SC: Copy of order extending limitation period for all judicial/quasi-judicial proceedings till further orders
HC: RBI Moratorium Circulars not applicable to accounts declared NPA prior to pandemic
HC: Purchaser of land auctioned by Debt Recovery Tribunal, not liable to borrower's excise-dues
NCLAT: NCLT can set aside ex-parte order when sufficient cause for Notice non-service shown
NCLAT: Rejects Deccan Value Investors’ ‘frivolous’ appeal challenging approval of its resolution plan for Amtek Auto
NCLT: Cannot decide avoidance applications concerning Corporate Debtor post resolution plan approval
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