Rulings
SC: Liability for offence depends on role in Company; Quashes order penalizing part-time Director
HC: Grants bail to Dr. Shivinder Singh, slams ED for holding him in custody on “hunch”
NCLAT: Thwarts Promoter’s attempt to gain backdoor control of Corporate Debtor; Upholds NCLT order
NCLAT: Sets aside NCLT order recalling CIRP; Withdrawal petition u/s 12A, ‘arbitrary’
NCLT: Rejects Partnership firm’s insolvency petition against listed co., for being time-barred
NCLT: Amount advanced to intermediary, Company’s Director not ‘financial debt’ under IBC
NFRA: After Deloitte's former CEO, debars Partner for 5 years for professional misconduct in IL&FS case
IBBI: Penalizes Gitanjali Gems' RP for contravening IBC provisions for ulterior purposes
HC: Arbitral Tribunal not bound by 12-month timeline in international commercial arbitrations
HC: Dispute regarding Licensees’ right over Hyatt Hotel land, ‘arbitrable’; Rejects plea against license termination