Rulings
NCLT: Restores minority shareholder's directorship; Cites illegal acceptance of alleged resignation
NCLT: Bars DoT from cancelling Telecom Licenses, essential for resolution of debt ridden Aircel
HC: Stays IBBI’s bar on RP for squandering debtor’s assets in connivance with CoC
SC: Strikes down Sec. 87 of Arbitration Act, for being “manifestly arbitrary”
NCLAT: Corporate Debtor under liquidation not entitled to seek insolvency initiation
NCLAT: Admits Cooperative Bank’s insolvency application; Excludes litigation period under SARFAESI
SC: Reads down IBC's ‘overriding’ clause Sec. 238, protects Municipal Corporation's property interests, rejects resolution plan
HC: Territorial location of assets irrelevant for deciding jurisdiction of DRT
NCLT: Directs impleadment of MCA as party respondent in all IBC cases
SC: Treat economic offences involving huge loss of investors’ money seriously; Cancels bail