Rulings
SC: HC’s waiver of borrower's pre-deposit for entertaining appeal before DRAT “contrary to law”
NCLAT: Dismisses appeals of IFIN’s ex-Auditors challenging impleadment in Company petition before Tribunal
HC: Issues notice to Govt. in writ challenging threshold for CIRP petition by homebuyers
NCLT: “No resolution possible without consolidation”, combines CIRP for Lavasa group Cos.
NCLAT: Upholds admission of Sec. 9 application filed in sole proprietorship’s name
NCLAT: Parallel SARFAESI proceedings no bar for insolvency initiation; Reverses NCLT order
NCLAT: Can’t interfere in counter claim, set off issues; Upholds insolvency petition admission
NCLAT: Balance Sheet contents can't trigger fresh limitation period, absent acknowledgment; Quashes insolvency initiation
NCLAT: Affirms NCLT order rejecting insolvency application for existence of dispute requiring investigation
NCLAT: Upholds insolvency initiation; Default date “stands forwarded” to debt acknowledgement date
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