Rulings
NCLAT: Sets aside ‘oppressive’ share allotment done without determining fair value
NCLAT: SEBI not entitled to recover penalty from Corporate Debtor during moratorium u/s 14
NCLT: Directs SEBI to hand-over Corporate Debtor’s attached properties to RP
NCLAT: SEBI not entitled to recover any amount/sell Corporate Debtor’s assets during ‘moratorium’
NCLAT: Releases Debtor from CIRP’s clutches due to establishment of pre-existing dispute
HC: Rejects revival scheme aimed at taking over management of Company being wound-up
NCLAT: Rejects Promoter’s application for settlement post expiry of CIRP; Guides Liquidator
NCLT: Orders liquidation; Nixes absconding Promoters’ attempt to regain Corporate Debtor’s control through OTS
NCLAT: No preferential transactions by Corporate Debtor absent intent to defraud creditors
NCLT: Seeks Govt. views on resolution of Jaypee’s insolvency process deadlock