Rulings
SC: Quashes HC order; Arbitrator’s appointment without resorting to agreed procedure unjustifiable
SC: Directs Govt. to revert on implementing directions regarding Tribunal administration within 2 weeks
SC: Period for SFIO to submit investigation report to Central Govt. “purely directory”
NCLT: Corporate Debtor’s transaction with Holding Company not 'preferential'; Rejects RP’s allegation
NCLT: Outstanding listing-fee doesn’t constitute “operational debt”; Dismisses insolvency petition filed by BSE
NCLAT: Regards statutory dues as ‘operational debt’; Cites “direct nexus” with Corporate Debtor’s operations
NCLT: Rescues debtor from ‘death warrant’; Annuls resolution plan absent fund infusion by bidder
NCLAT: Illegal share allotment reducing Promoter’s stake to 'hopeless minority' "oppressive"
NCLT: Rejects insolvency application; Cites discharge of obligations by Guarantor
NCLT: Rejects CoC approved settlement plan from the “absconding” Promoters of Sterling Biotech