Rulings
NCLAT: “Resolution plan approval can’t continue indefinitely”; Rejects State Tax Department’s belated claims
SC: Resolution plan approval disentitles creditors from initiating/continuing claim proceedings against corporate debtor
NCLAT: Lifts NCLT stay on RBI action against SREI Equipment Finance
HC: Dismisses Petition seeking quashing of NCLAT order directing written-submissions filing, imposes costs
HC: NCLAT can’t stay Court's hands in hearing petition under Arbitration Act
SC: Party to arbitration-agreement claiming existence of dispute, cannot be rendered without forum; Appoints Arbitrator
NCLT: Split Company running ‘Gujarat Samachar’, if management deadlock not resolved in 6 months
HC: LLPs qualified to enter into partnership with individuals, Partners’ liability can’t hinder firm registration
NCLT: Rejects plea for setting aside Resolution Plan, cites application filed at “12th hour”
NCLAT: Serious oppression-mismanagement allegations can’t be examined without completing pleadings; Upholds NCLT order