Rulings
NCLAT: Rejects NCLT order dismissing insolvency petition basis misleading statements by Corporate Debtor
NCLAT: Releases Raheja Developers from IBC rigours; Cites homebuyers’ malice behind CIRP initiation
NCLAT: Stays NCLT order denying appointment of lender’s ex-employee as IRP
SC: Extends PF benefits to Trade Union Members and similarly situated contractual employees
HC: IBC “kavacham” not designed for erstwhile management; Upholds criminal proceedings for cheque dishonour
NCLT: Approves Promoters’ compromise scheme for salvaging Corporate Debtor, absent criminal intent
SC: No provision requires bid to “match” liquidation value, quashes NCLAT order
HC: No refuge under IBC proceedings for relegating claim existing prior to CIRP initiation
HC: Sets aside DIN deactivation by RoC, absent statutory provision; Upholds constitutionality of Sec. 164(2)
NCLT: Initiates insolvency against Reliance Naval, rejects challenge based on struck-down RBI Circular
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