Rulings
NCLT: Dismisses CIRP petition for lack of jural relationship between Operational Creditor and Corporate Debtor
NCLT: Rejects time-barred CIRP application, finds no instance of limitation period extension
NCLT: Dismisses name restoration application, cites failure to prove “going concern”
IBBI: Disposes SCN against IP for accepting liquidation-assignment sans authorization, given IPA’s prior action
NCLT: Quashes orders attaching Corporate Debtor’s assets under GVAT Act during IBC moratorium
NCLAT: Treat Balance sheet entries as debt acknowledgement; Refers V. Padmakumar judgment for reconsideration
HC: Allows interim moratorium on assets to continue in Anil Ambani bankruptcy case
NCLT: Bank guarantees outside ‘moratorium’ purview; Rejects Videocon’s RP’s plea seeking restraint against DoT
NCLAT: Notification increasing IBC threshold to Rs. 1 Cr. not ‘retrospective’; Affirms NCLT order
SC: Stays NCLAT order directing liquidation over insolvency resolution; Further hearing on January 12, 2021
Pages
