Rulings
SC: "Archaic" British Raj CPC provisions can't aid Govt. in arbitration cases, reverses stay
NCLAT: Restoring shell company engaged in fund-siphoning, a “travesty of justice"; Upholds strike-off
NCLAT: Quashes striking-off order pending litigation; Directs extension of time for filing annual returns
HC: Dismisses suit citing lack of jurisdiction; Affirms NCLT’s powers to decide ‘oppression-mismanagement’
NCLAT: No oppression in allotting shares in company basis capital ratio in transferor firm
NCLT: Cannot “reset the clock” to re-consider H2 bidder’s plan; Orders Adhunik Metaliks’ liquidation
NCLAT: Dismisses HDFC's insolvency plea against "financial services provider" RHC, relies on RBI certificate
NCLAT: Adjudication w.r.t. foreign decree qualifies as ‘pre-existing dispute’; Rejects CIRP initiation
NCLT: Directs restoration of company struck-off due to Accountant’s negligence in filing statutory returns
NCLT: Allows application for restoring struck-off company; Admits “inadvertence and business complexities” defense