Rulings
NCLAT: IBC not meant for initiating oppression proceedings; Dismisses appeal against liquidation order
NCLAT: Estops assenting financial creditor from questioning approved resolution plan; Rejects ‘inequitable distribution’ ground
SC: Copy of SC order dismissing Chanda Kochhar’s SLP challenging her termination as ICICI Bank MD
HC: Rejects appeal against Single Judge order upholding arbitral award, absent ‘glaringly preposterous’ views
IBBI: Bars Liquidator for distributing Corporate Debtor’s funds prior to sale as going concern
NCLT: Directs Corporate Debtor’s dissolution; Liquidation of no avail absent assets, funds
SC: Copy of SC ruling upholding constitutional validity of Tribunal Rules, 2020 with modifications
NCLAT: Directs repayment of Debenture holders’ dues absent settlement efforts on Company’s part
SC: Disposes writ challenging interest on loan during moratorium, records satisfaction with Govt.’s compound-interest waiver
NCLT: Cannot allow RP to continue as liquidator when "impartial conduct" in question