Rulings
NCLAT: Liability acknowledgment doesn’t resuscitate time-barred claim; Quashes NCLT order admitting Sec. 7 application
NCLAT: NCLT cannot direct Corporate Debtor to deposit any amount before CIRP application admission
SC: Copy of SC order staying NCLAT judgment in Tata-Mistry case
NCLT: Resolution plan approval doesn’t mean waiver of legal proceedings against Corporate Debtor
NCLT: TDS paid by purchaser not “operational debt”; Shows ‘civil suit’ path for recovery
NCLAT: NCLT cannot waive additional fee for filing returns while directing Company’s restoration
NCLAT: Upholds NCLT’s status quo on maintainability of oppression petition pending arbitral tribunal’s decision
NCLT: Initiates CIRP for non-payment of fees to service provider advising on insolvency resolution
NCLT: Secured financial creditors get precedence over Govt. dues, in liquidation assets distribution
NCLAT: Affirms NCLT order allowing remuneration to alleged “non-functional” Directors pending oppression petition