Rulings
NCLAT: Forbids Promoter from submitting scheme of compromise for Debtor, cites Sec. 29A
NCLAT: Decision taken by CoC with requisite majority, binding on dissenting financial creditor
SC: Mere SLP dismissal doesn't constitute declaration of law if order non-speaking
HC: Stays NCLT order initiating CIRP to save efforts put in for Company’s revival
SC: Declines to condone Delhi University’s 900 days appeal-filing delay, rejects 'public interest' plea
HC: Maharashtra Stamp Act applicable to Agreement executed outside, having arbitration venue as Mumbai
NCLAT: NCLT cannot allow Creditor’s application to realise security interest absent ‘resistance in recovery’
NCLAT: Upholds NCLT order approving Reliance Jio’s demerger; Dismisses IT Dept.’s ‘tax evasion’ plea
SC: Sets aside ‘unintelligible’, 'confusing’ and 'inadequately reasoned' arbitral award
SC: Allows revised return filed beyond Sec. 139(5) timeline, pursuant to NCLT approved amalgamation scheme