Rulings
HC: 75% deposit requirement applies only when dispute resolved as per MSMED Act
NCLT: Rejects DHFL’s superseded Director’s plea to attend CoC meetings; Differentiates ‘supersession’ from ‘suspension’
HC: No ‘Certiorari’ against orders of Arbitral Tribunal; Follows precedent set by SC
NCLT: Does balancing act, approves Resolution Plan but grants relief to dissentor Axis Bank
NCLT: Rejects MSME’s insolvency petition claiming interest amount recovery; Redirects to MSME Facilitation Council
NCLT: Performance shares an 'operational debt', but dismisses ex-employee’s CIRP petition citing ineligibility
NCLT: Dismisses CIRP initiation against TCS, cites pre-existing disputes and limitation
SC: Extends limitation period under Arbitration Act and cheque dishonor cases, w.e.f. March 15
HC: Quashes Single Judge’s order recalling arbitrator’s appointment, being ‘substantive review’ jurisdiction exercise
SC: Cooperative Banks covered within SARFAESI Act ambit; Parliament competent to enact related laws