Rulings
NCLT: Excludes moratorium period while calculating limitation; Allows liquidator’s plea to recover dues
HC: Prior-period indirect tax demands post IBC resolution, 'illegal'; Approved plan binds all
NCLAT: Admonishes NCLT for intervening with Debtor’s auction process; Averts ‘reduction in asset value’
NCLAT: Illegal withdrawals from Corporate Debtor’s account by Directors prima facie “serious contempt”
NCLT: Huge demands from IT Dept. not ‘Force Majeure Event’; Initiated insolvency proceedings
SC: Issues directives for functioning of Courts through Video Conferencing
NCLT: Directs Custom Authorities to release Corporate Debtor’s material forming part of ‘liquidation estate’
NCLAT: Reconsiders facts, quashes NCLT’s insolvency order based on time barred application
NCLT: Rejects application seeking Members’ Register rectification; Cites gross delay of over 24 years
NCLT: Approves Zydus Technologies' amalgamation with Cadila Healthcare, absent prejudice to public interest