Rulings
NCLT: Stays appointment of Additional Director in wake of GST fraud, lack of credentials
NCLT: Forward Purchase Agreements lacking commercial effect of borrowing, not ‘financial debt’
SC: Reckon limitation period for filing Sec. 34 application from signed award receipt date
NCLAT: NCLT not empowered to examine documents annexed with insolvency application
HC: Slams Petitioner for using “slang” in petition impugning NCLT/NCLAT procedures under IBC
HC: Refrains from interfering with SEBI proceedings against NBFC for public issue norms violation
HC: Condemns borrower Co. for “stalling public money recovery”, by merely procrastinating through OTS-proposals
SC: IBC moratorium applicable to cheque dishonour proceedings against Corporate Debtor
HC: Appoints Presiding Arbitrator absent accord between parties-nominated Arbitrators
HC: Dismisses petition aimed at re-agitating issue regarding classification of co. as NPA
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