Rulings
NCLT: Rejects insolvency application; Cites lack of authorisation to Director issuing demand notice
HC: Issues raised in trademark infringement suit between partners of LLP, ‘not arbitrable’
HC: Arbitration Act does not prohibit Indian parties from designating foreign Court for arbitration
NCLT: Disallows resolution plan withdrawal; Dismisses “unaware of debtor’s current financial conditions” claim
HC: Condemns MSME for attempting to 'derail' dues-recovery; Rejects petition for considering OTS-proposal
HC: CIRP against Borrower no bar for SARFAESI proceedings against Guarantor; Cites ‘co-extensive liability’
NCLT: No delay-condonation in EoI for stake-acquisition in beleaguered IL&FS group Co.
NCLT: Bank guarantee by Corporate Debtor outside ‘moratorium’ purview; Refuses to restrain invocation
NCLT: In a first, initiates insolvency process against personal guarantor
NCLAT: Lease rental against use of premises for ‘commercial purpose’ qualifies as ‘operational debt’
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