Rulings
IBBI: Penalises Insolvency Professional for violating moratorium provisions, debars from accepting new assignments
HC: Disputes under Trust Act ‘non-arbitrable’, quashes Single Judge Order rejecting anti-arbitration injunction
NCLAT: Upholds resolution plan, rejects challenge basis ‘differential treatment’ to dissenting financial creditors
NCLAT: Issue of decree, recovery certificate don’t give fresh right to trigger IBC
SC: Appoints Arbitrator in sub-lease dispute; Follows Vidya Drolia verdict
NCLT: “Lack of knowledge” no basis for accepting EOI filed belatedly; Upholds RP’s decision
NCLAT: IBC doesn’t confine NCLT from considering ‘existence of dispute’ from broader angle
HC: Refers dispute between L&T, IL&FS to arbitration, given “valid agreement”
NCLAT: Quashes NCLT’s direction to RoC for waiving fees while restoring Company under CIRP
NCLT: Dismisses Jet Airways employees’ plea for modification of order, to provide for salary payment