Rulings
SC: ‘Retirement’ of Partner different from ‘Dissolution of Firm’; Settles monetary entitlement dispute
NCLT: Approves resolution plan with relaxed timeline for payments in view of COVID-19 pandemic
NCLAT: Upholds NCLT order staying TCS's contract termination notice to Corporate Debtor post insolvency initiation
HC: Constituting multiple Arbitral Tribunals for same contract “unwarranted”; Issues directions to avoid inconsistency
HC: Subjects decision on Force Majeure invocation to Arbitration; Refuses interim reliefs
NCLAT: Directs NCLT to provide another OTS renewal opportunity, cites pandemic-struck economy; Quashes insolvency
NCLT: Can’t recall insolvency order; Notification enhancing IBC threshold to Rs. 1 Cr., prospective
SC: Transfers all Franklin Templeton petitions to Karnataka HC
NCLT: Dismisses insolvency petition; Directs ex-employee to settle salary dues by invoking arbitration clause
HC: Dismisses petition to appoint Arbitrator, absent binding pre-existing arbitration agreement
Pages
