Rulings
SC: Appointment of Arbitrator by person “ineligible” under Arbitration Act void ab initio
SC: Trade Union eligible to initiate CIRP as ‘Operational Creditor’; Quashes NCLAT order
SC: Strikes down NSEL-63 Moons amalgamation as ultra-vires Sec. 396, Art. 14; Rejects HC’s ‘public interest’ rationale
NCLAT: Upholds CIRP initiation in view of “clinching” evidence justifying default by Corporate Debtor
NCLAT: Approves revised resolution plan addressing discrimination concerns among Financial Creditors
NCLT: CIRP under IBC no substitute for recovery proceedings; Dismisses defective Sec. 7 petition
NCLT: Rejects winding-up petition of a struck-off Company; Cites remedy u/s 252
NCLT: Allows application seeking compounding of CSR norms’ violation
IBBI: Suspends Insolvency Professional’s registration for failure to avoid conflict of interest
NCLAT: Quashes NCLT order; Same forum to adjudicate revival scheme and liquidation proceedings
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