Rulings
SC: Sets aside Tribunals' orders admitting insolvency proceeding pertaining to time barred debts
HC: Upholds order directing retention of Bank guarantee with Court’s Registrar pending moratorium
NCLAT: Upholds resolution plan proposing merger with Corporate Debtor
NCLAT: Copy of NCLAT order staying implementation of JSW’s resolution plan for Bhushan Power
NCLAT: NCLT cannot straight away direct SFIO's investigation into affairs of Corporate Debtor
HC: Winding up order ‘not irrevocable’; Upholds transfer of proceedings to NCLT under IBC
HC: Cannot transfer winding-up cases to NCLT once liquidation process has started
NCLAT: Allows LLPs to file rectified forms without penalty; Slams RoC's 'blood thirsty' approach
NCLT: Holds increase in capital, share allotment without notifying shareholders as ‘gross oppression’
SC: No consent required for initiating insolvency proceedings as IBC overrides Tea Act