Rulings
NCLT: Admits SBI’s application for initiation of insolvency process against Anil Ambani over personal guarantee
NCLAT: Sets aside NCLT order directing freezing of PNB’s former Executive Director’s assets
NCLAT: Overturns NCLT’s insolvency order passed without considering issue of limitation
NCLT: Refrains from venturing in CoC’s commercial decision; Dismisses ex-Promoter’s application to stall liquidation
NCLT: Sanctions merger of Arvind Fashion’s Tommy Hilfiger and Calvin Klein labels
NCLT: Dismisses Creditor’s time-barred petition to initiate CIRP against Corporate Debtor
NCLT: Allows LLP’s restoration under Companies Act absent express provision in LLP Act
HC: Abrogates NCLT order mandating financial creditors to submit default record from IU
NCLAT: Cannot initiate insolvency process for breach of contract involving reciprocal rights
SC: Reiterates, default date triggers limitation period; Quashes time-barred insolvency application
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