Rulings
HC: Sanctions scheme aimed at company revival; Appoints court commissioner to supervise implementation
SC: Existence of debt presumed in complainant’s favour in cheque dishonour cases; Quashes HC order
NCLAT: 15 Key Takeaways from NCLAT’s Landmark Ruling Quashing Insolvency Proceedings against Flipkart
SC: Sets aside NCLT, NCLAT orders directing freezing of ex – PNB MD’s assets
NCLT: Fresh limitation period cannot start form credit note date absent admission of liability
NCLT: Dismisses homebuyers’ insolvency petition; Cites “deemed extension” of delivery time due to Court order
NCLT: Creditor’s evidentiary documents not forged to overcome limitation; Initiates CIRP
IBBI: RV cannot use ‘IBBI’ in domain name without authorization; Orders 3 months suspension
HC: Issues notice to RBI in writ challenging cancellation of NBFC's registration
NCLAT: Compelling specific performance by unwilling Resolution Applicant outside NCLT’s jurisdiction; Upholds order