Rulings
NCLAT: CoC possesses jurisdiction to change its opinion in favour of resolution plan
SC: Strikes down clause mandating pre-deposit; Cites ‘clog’ on arbitration process
SC: Upholds Arbitral Award; Affirms arbitrability of dispute under arbitration clause
NCLT: Excludes PF, pension, gratuity from ‘liquidation estate’; Directs Liquidator to pay workmen’s dues
HC: Dismisses belated application for rectifying Company’s name; Applies ‘principle of acquiescence’
NCLT: Refusal to transmit shares in legal heir’s favour despite documentary evidence “ex-facie illegal”
NCLT: Sanctions insolvency resolution plan; Dismisses objections alleging discrimination between Creditors
HC: Affirms Operational Creditor’s right to prosecute pending recovery suit despite resolution plan’s approval
SC: Key excerpts of SC verdict quashing RBI Circular on stressed assets resolution framework
NCLT: Foils ‘ruse’ disguised as resolution plan to liberate Promoter’s properties from attachments