Rulings
SC: Quashes NCLT, NCLAT orders approving resolution plan without considering shortcomings; Underscores "power to recall"
NCLAT: CIRP can be terminated after second EOI if creditors’ claim wrongly accepted
HC: Elucidates on interim-relief powers under Arbitration Act; Allows application to prevent 'irreparable loss’
SC: HC ought not to decide on time-barred nature of debt in cheque-dishonour proceedings
NCLAT: Reduces NCLT’s “excessive” cost on personal guarantors for delay in filing reply
HC: Sales Tax Dept. cannot claim priority over dues payable to secured-creditor; Allows bank’s appeal
SC: Upholds Chartered Accountants’ Rule allowing Board of Discipline to refer misconduct-cases to Disciplinary Committee
HC: NCLT not empowered under IBC, to declare assessment orders void ab initio, non est
HC: Affirms DRAT-order directing borrowers to deposit 50% of “debt due” as appeal's ‘condition precedent’
SC: Revenue to refund 'TDS-refund' borne by Stakeholders Committee of company under CIRP
Pages
