Rulings
NCLAT: Quashes NCLT order determining security interest prior to passing liquidation order
NCLAT: Classification of Creditors, only within RP and CoC’s purview
SEBI: Penalizes Noticee for non-compliance with spot delivery contracts’ payment procedure under SCRA
SEBI: Penalizes stock broker for misusing clients’ funds; Raises doubt on integrity
HC: Calls upon Revenue to examine if pending GST proceedings are covered under ‘moratorium’
SC: Jaypee Infratech’s transactions concerning JAL’s loans, ‘preferential’; Upturns NCLAT order
NCLAT: Shows no sympathy for defaulting Unitech; Quashes NCLT orders reducing deposit interest rates
HC: Terminates mandate of Arbitrator appointed by ‘ineligible’ company; Follows SC ruling in Perkins
NCLAT: Upholds dismissal of insolvency application hopelessly barred by limitation sans Creditor’s diligence
NCLAT: Debt acknowledgment triggers fresh limitation period; Rejects appeal against insolvency initiation
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