Rulings
NCLAT: Modifies NCLT orders directing SFIO investigation; Reiterates Govt. primacy on issue
NCLT: Admits insolvency petition regardless of sale of pledged shares by lender
NCLT: Uninvoked corporate guarantee cannot be considered for determining Financial Creditor’s voting share
NCLAT: No fresh period of limitation for insolvency initiation in absence of debt acknowledgment
NCLAT: No aspersions cast on RoC; Dismisses plea seeking modification in Tata-Mistry judgment
NCLT: Law silent on cross-border de-mergers, rejects Sun Pharma's application, sticks to Literal Interpretation
HC: Non-disclosure of demerger scheme’s sanction doesn’t result in termination of arbitration proceedings
NCLT: Govt. nominated Directors not duty bound to defend cases filed against Company
HC: Sec. 167(1)(a) proviso not unconstitutional; Amendment aimed at ensuring ‘good governance’
NCLAT: Upholds NCLT order rejecting CIRP application for being barred by limitation
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