Rulings
HC: Directs struck-off co.’s restoration, given no objection on RoC’s part
HC: Failure to issue notice to borrower would vitiate auction sale under SARFAESI Act
HC: Writ petition maintainable when absence of NCLT jurisdiction claimed, despite alternative remedy
NCLAT: Collective Investment Schemes qualify as ‘financial debt’; Directs NCLT to admit insolvency application
NCLT: Jet Airways employees not entitled to copy of CoC approved resolution plan
SC: Banks bound to ensure safe maintenance of locker facilities; Directs RBI to issue Rules
HC: Quashes arbitral award directing competent authority under Highways Act to redetermine compensation
SC: Allows NCLT proceedings on Future-Reliance deal to continue, bars final scheme sanction
NCLAT: Decree holder comes under ‘operational creditor’ ambit; Quashes NCLT order rejecting CIRP initiation
HC: Junks serial litigant's petition seeking MCA action against Azim Premji, imposes Rs. 10 lakh costs for "forum shopping"