Rulings
NCLT: Copy of order admitting Operational Creditor’s insolvency petition against OYO Hotels & Homes
NCLAT: Forensic audit fees not included in CIRP costs; Affirms NCLT order
NCLAT: Extends CIRP timeline to exclude lockdown period, as resolution plan already approved
NCLT: Rejects insolvency application filed for claiming MoU dues, not being ‘financial debt’
NCLAT: Directs full payment of Corporate Debtor’s EPF dues under the resolution plan
NCLAT: Raps NCLT for allowing "callous" ex-Director's "highly belated" salary dues claim
NCLAT: Directs Auction Purchaser to bear corporate debtor’s liabilities; Upholds NCLT order
SC: NCLT bound to decide insolvency application before considering whether disputes are arbitrable
NCLT: Sanctions Compromise Scheme for company under liquidation, as per Liquidation Process Regulations
NCLAT: Sale of corporate debtor’s assets under SARFAESI during IBC-moratorium “against Sec. 14 spirit”