Rulings
NCLAT: Debtor to remain a ‘going concern’ even during liquidation, entitled to subsidies
NCLAT: Electricity Board not entitled to disconnect electricity during CIRP
NCLAT: Sr. Advocates Sibal, Rohatgi to don gloves for Deloitte, MCA at NCLAT; Hearing on Aug. 19
NCLAT: Invokes ‘ejusdem generis’ to adjudicate on Sec. 236 applicability for minority shareholding purchase
NCLAT: Appoints Administrator to protect Company from internal group rivalries; Quashes NCLT order
NCLT: Allows Financial Statement’s revision to incorporate effect of subsequently approved demerger
NCLT: Stays operation of order allowing MCA to implead erstwhile IL&FS auditors
NCLAT: Exonerates Anil Ambani and others from contempt charges absent undertaking to Court
NCLT: Lenders entering into ‘Extortionate Credit Transactions’ not ‘Financial Creditors’; Directs CoC’s reconstitution
SC: Irregularities galore at Amrapali, cancels RERA registration; Directs ED probe
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