Rulings
HC: Directs CBI to apprise Lodha Committee in PACL fraud, to aid investigation
HC: Stays penalty on payment facilitator for PMLA violation, asks FinMin to clarify position
HC: Directs Police authorities to take prompt action in respect of economic offences
SC: Acceptance with variation is no acceptance, does not conclude a contract
NCLAT: Inherent powers under NCLAT Rules can’t be enlarged to review decisions, substitute findings
HC: Stays NCLT order directing Financial Creditor to contribute towards liquidation costs
SC: Constitution bench to decide on whether unstamped commercial contract invalidates arbitration agreement
NCLT: Issues notices to Authorities regarding Sun Pharma’s inbound merger with UAE-based subsidiary
IBBI: Warns RVO against enrolling ineligible candidates; Adopts lenient approach considering corrective actions taken
HC: Arbitrator to consider whether Party entitled to interim protection of attaching disputed properties