Rulings
NCLAT: Written acknowledgment of debt starts fresh limitation period; Affirms insolvency process initiation
HC: MCA’s disqualified Directors’ list prima facie consistent with Sec. 164(2), refuses interim relief
HC: RBI to consider actions against BoB including license revocation, for failure to release guarantee
NCLAT: Exonerates Auditor from 5-year ban, absent evidence of collusion with management
NCLT: Directs RP to include Videocon Group’s foreign oil & gas assets in CIRP
NCLAT: 15 Key Takeaways form NCLAT order allowing JSW to acquire Bhushan Power
NCLAT: Quashes NCLT order directing Liquidator to pay gratuity; Reiterates exclusion from liquidation estate
NCLAT: Recommends ‘reverse’ CIRP for survival of real estate companies, in allottees’ interest
NCLT: Resolution Applicant not bound to continue same business; Dismisses plea challenging approved plan
NCLT: Allows amendment to amalgamation scheme, to provide for compliance with capital reduction
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