Rulings
NCLAT: Reiterates, IBC not a ‘recovery law’; Quashes CIRP initiated despite ‘pre-existing’ dispute
NCLT: Reliefs under oppression petition involving fraud, statutory remedy, cannot be referred to arbitration
HC: Bank-account attachment of public-company’s ex-director ‘unjustified’, draws distinction with ‘private-company’
NCLAT: Declares insolvency process illegal, cites improper service of notice, pre-existing disputes
IBBI: Bars RV from accepting valuation assignments, till completion of 50-hour programme again
IBBI: Bars IP from taking new assignments, for appointing unregistered entity as Corporate Debtor’s valuer
NCLT: Orders RP to handover goods lying in Corporate Debtor’s custody under bailment contract
NCLAT: Person ‘managing’ property in liquidation, not its owner, dismisses claim for possession
HC: NCLT has exclusive powers to address grievances regarding company’s affairs; Ousts civil court’s jurisdiction
HC: Prosecution against Nominee Director for Company's offences unsustainable, sets aside summons order
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