Rulings
SC: Upholds validity of Franklin Templeton e-voting results, calls objections as “mere nitpicks”
NCLAT: Relegates minority shareholder to NCLT for objections against Provisional Liquidator appointment for Devas Multimedia
NCLAT: Upholds NCLT order directing bank to refund amount wrongfully adjusted during CIRP
NCLAT: Allows appeal seeking exclusion of lockdown period while calculating CIRP period
HC: Directs Chief Metropolitan Magistrate to decide SARFAESI Application for secured asset possession expeditiously
HC: Extends arbitral tribunal’s mandate to conclude pending proceedings between RCom and BSNL
NCLAT: Directs NCLT to approve amalgamation scheme absent violation of public policy
HC: Lack of provision for Advocates to register Companies/LLPs on MCA portal, “discriminatory”
SC: Affirms NCLAT order rejecting initiation of insolvency process for default post March 25, 2020
NCLAT: Quashes NCLT order allowing 1% TDS on sale of property of company under liquidation