Rulings
HC: Approved resolution plan binding on Revenue; Tax-dues recovery before amount-crystallisation untenable
HC: Quashes ‘patently illegal’ orders declaring Directors as willful defaulters under RBI Circular
NCLAT: Upholds liquidation order absent resolution plan; Remits matter to NCLT for replacing liquidator
NCLAT: Referral bench ‘incompetent’ to question correctness of 5-member bench judgment in V. Padmakumar
NCLAT: Upholds NCLT order initiating insolvency despite debt quantum being misstated in demand notice
SC: Copy of order staying Trial Court proceedings against corporate titan Azim Premji
HC: Pre-pandemic defaults ineligible for relief under RBI’s COVID-19 Regulatory Package
HC: 30 Key Excerpts from Delhi HC ruling in Future-Amazon retail battle
IBBI: Bars IP from seeking or accepting any IBC assignment, pending corruption charges
SC: Affirms quashing of SEBI’s ex-parte interim order by SAT, absent “extreme urgency”