Rulings
HC: Transactions done after commencement of winding up ‘void’ unless validity established
NCLAT: Lease rental dues don’t qualify as ‘operational debt’, landlord not ‘operational creditor’
NCLAT: DLF to transfer shares to shareholder's legal heirs; Imposes costs for “harassing” investors
NCLT: Allows Liquidator to proceed with challenge to arbitral award despite no “prior approval”
HC: Bail once granted shouldn’t be cancelled unless ‘misuse’ established; Dismisses ED’s plea
NCLT: Allows RP to take possession of Corporate Debtor’s disputed property to facilitate CIRP
NCLAT: Liquidation of two companies for same set of claim, against IBC principles
NCLAT: Acknowledgement of liability confers ‘cause of action’, saves limitation period; Upholds insolvency initiation
IBBI: Derecognizes Insolvency Professional Entity for failure to maintain net worth of Rs. 1 Cr.
HC: Grant of bail ‘rule’ and refusal ‘exception’, even in grave economic offence case
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