Rulings
NCLAT: Rejects Financial Creditor’s claim absent invocation of guarantee on date of insolvency initiation
NCLT: Sanctions demerger of Reliance Jio’s optical fibre and tower infrastructure undertakings
NCLAT: Pending litigation ‘just’ ground for restoration of struck off Company
NCLAT: Upholds NCLT order; Moratorium’s shield not applicable to criminal proceedings under PMLA
NCLT: Considers BIFR approved rehabilitation scheme as ‘resolution plan’ under IBC
NCLAT: Modifies resolution plan to give same treatment to Operational and Financial Creditor
HC: Exclusive right to appoint arbitrator doesn’t imply right to decide on arbitrability
HC: Refuses to enforce ‘non-speaking’ foreign award; Cites Arbitrator’s failure to justify claims’ consolidation
NCLT: Collateral security given for third party’s loan doesn’t constitute ‘debt’ under IBC
NCLT: Supply of natural gas doesn’t qualify as ‘essential supplies’ u/s 14 of IBC
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