Rulings
NCLT: Cannot adjudicate further once resolution plan approved/rejected; Directs appeal before NCLAT
NCLAT: Interest alone doesn’t qualify as ‘operational debt’; Upholds NCLT order rejecting insolvency initiation
NCLT: Claim arising out of license to use immovable property not ‘Operational Debt’
NCLAT: NCLT cannot interfere with CoC’s ‘commercial wisdom’; Sets aside order directing rebidding
HC: Denies modification in order w.r.t. arbitral award enforcement, absent change of circumstances
NCLAT: SARFAESI and DRT proceedings don’t extend limitation period; Quashes NCLT’s insolvency order
SC: Transfers petition to designated arbitration seat, although cause of action arose elsewhere
NCLT: Advance payment having commercial effect of borrowing, a ‘financial debt’
NCLAT: Fresh limitation triggered from date of OTS offer; Affirms NCLT order initiating CIRP
HC: No 'public law' element involved in ICICI Bank sacking Chanda Kochhar; Dismisses her writ