Rulings
NCLAT: Directs NCLT to proceed with Company’s winding up, despite strike off
NCLT: Dismisses CIRP petition filed by tenants with intention to only recover money
NCLT: Disqualified Director cannot file plea challenging RoC’s strike-off order on Company’s behalf
NCLAT: Upholds Liquidator’s power to remove Corporate Debtor’s promoters from Group Company’s board
HC: Reduces unreasonabe interest awarded in arbitration; No alternate relief when specific performance claimed
NCLT: Allows ArcelorMittal’s bid for Odisha Slurry Pipeline; Equal distribution to all Financial Creditors ‘fair’
SC: Overturns arbitral award allowing fuel price increase reimbursement under ‘change in law’ clause
NCLT: Dismisses petition to initiate CIRP against Indian Steel Corporation, being hit by limitation
HC: Dismisses petition filed only to delay Director’s trial for cheque dishonour, imposes costs
NCLT: Admits oppression allegations; Directs investigation on observing FEMA, Companies Act non-compliances
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