Rulings
NCLAT: Disallows non-aggrieved, “stranger” to enter CIRP fray 1 year post bid approval
SC: Raps NCLAT for quashing NCLT’s ex-parte order in oppression-case, without considering “grave-urgency” parameter
HC: Supplementary MoU subject to arbitration clause in original agreement, basis parties’ intention
HC: Upholds DIAC’s arbitral jurisdiction; Declines relief under MSMED Act
HC: Sets aside DIN deactivation u/s 164 by RoC
NCLT: Dismisses insolvency application owing to incomplete Power of Attorney documents
HC: Refrains from interfering with arbitration-proceedings in family settlement dispute; Invokes “kompetenze-kompetenze”
NCLAT: Directs Bank to defreeze Corporate Debtor’s account frozen on State Tax Commissioner’s directions
NCLAT: Directs revaluation of Company’s shares basis latest financials, to protect public shareholders’ interest
SC: Excludes SARFAESI litigation time for reckoning limitation period in IBC application
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