Rulings
NCLT: Initiates CIRP against Guarantor for default by non-corporate borrowers
NCLT: Pendency of DRT proceedings no bar on CIRP initiation; Admits insolvency petition
NCLAT: Sets aside NCLT order wrongly concluding ‘pre-existing dispute’; Directs CIRP admission
NCLT: Dismisses insolvency petition filed by Corporate Debtor’s CFO; Cites dispute w.r.t. performance bonus
NCLT: Approves Tata Steel’s takeover of Bhushan Energy, rejects 'undischarged insolvent' disqualification plea
SC: Permits re-opening/recasting of IL&FS books to unearth “truth”; Affirms NCLT, NCLAT orders
NCLT: Removal of Company’s name pending prosecution not justified
NCLT: Allows name restoration to adequately protect Income Tax Department’s interest
RERA: Admission of winding-up petition to have no bearing on proceedings under RERA
NCLT: Resolves Jaypee insolvency stalemate; Home buyers not a separate class within CoC