Rulings
NCLT: Initiates CIRP against Aviva Life Insurance; Denies shelter under ‘financial service provider’ category
SC: Matters specifically ‘excepted’ by Parties to contract, not arbitrable; Quashes award against ONGC
SC: Quashes NCLAT order modifying resolution plan offering Minimum Liquidation Value to dissenting financial creditor
NCLT: Dismisses home buyer’s insolvency petition, for ‘claim’ being barred by limitation
NCLT: Dismisses Sec. 9 petition under IBC for ‘no incidence of operational debt’
NCLAT: Sets aside NCLT order rejecting UFO Moviez and Qube Cinema’s merger
NCLT: Allows selective reduction of capital by HSBC InvestDirect; Cites no objection from shareholders
SC: Sets 90-day deadline for Jaypee Infra’s CIRP completion; Eschews liquidation
NCLT: Initiates Insolvency proceedings against Flipkart for Rs. 18 Cr. default, rejects service deficiency "after-thought" excuse
HC: Upholds MCA’s 2017 list of disqualified Directors; Disagrees with Karnataka, Madras and Gujarat HCs
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