Rulings
NCLT: Dismisses RP’s application seeking payment of time barred claim
IBBI: IPs must possess ‘Authorisation for Assignment’ before accepting appointment in CIRP assignments
NCLAT: Releases Corporate debtor from moratorium, quashes NCLT’s insolvency-order passed despite pre-existing dispute
HC: NCLT jurisdiction beyond resolution-process completion, contrary to "IBC ethos", RP's role finite
NCLAT: Guarantee given post recovery proceedings initiation does not affect Corporate Guarantor’s liability
HC: Not within NCLT’s jurisdiction to examine legality of action taken under MPID Act
NCLAT: OTS proposal cannot renew limitation period for ‘hopelessly time-barred’ insolvency application
SC: Declines to interfere with NCLAT order upholding impleadment of former IFIN CFO & Independent Director
NCLAT: Disallows unsuccessful bidder to cry foul over variation in successful bidder’s plan implementation
NCLT: Dismisses insolvency petition seeking recovery of interest-amount, shields corporate debtor from ‘arm-twisting’