Rulings
NCLAT: Affirms oppression-mismanagement by Charitable Co.’s Directors, condemns them for defeating ‘noble cause’
NCLAT: RERA decree-holders not ‘financial creditors’, decree execution doesn’t justify CIRP against developer
HC: Excludes time spent in challenging arbitral award before wrong Court, condones delay
NCLAT: Affirms NCLT order rejecting CIRP initiation against Tata Chemicals; Cites pre-existing dispute
NCLT: Rejects petition to initiate CIRP against Developer; Cites willingness to deliver possession
NCLT: Dismisses petition to initiate CIRP based on invoices in third party’s name
NCLT: Initiates CIRP; Rejects ‘petition filed without authority’ defense, relies on Palogix ruling
NCLT: Allows set-off, cites supplied goods’ value exceeds debt; Rejects insolvency application
NCLAT: Recovery proceeding before DRT would not shift default date; Quashes CIRP initiation
HC: Denies bail to Regligare’s former CMD in money laundering case; Cites ‘flight risk’
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