Rulings
HC: Grants anticipatory bail to ex-Police Commissioner in Saradha Chit Fund scam
HC: DRT can condone delay in applications challenging possession under SARFAESI Act
HC: Upholds Civil Court’s injunction order against Corporate Debtor; Cites inapplicability of IBC provisions
HC: Construes amended PMLA provision retrospectively; Upholds reduced penalty on Banks
NCLT: Sole proprietary concern not competent to initiate insolvency proceedings
SC: Reiterates that IBC enforcement date wholly irrelevant to trigger any limitation period
NCLAT: Application u/s 7 not barred by limitation as right accrued on IBC enforcement date
SC: Quashes HC order granting bail to Bhushan Steel’s former CFO; Directs reconsideration
NCLT: Initiates CIRP against Guarantor notwithstanding resolution plan approved for Principal Borrower
NCLT: Holds Corporate Debtor’s suspended management liable to pay CIRP cost