Rulings
HC: Party can resort to enforcement under SARFAESI, only after completion of arbitration adjudicatory-process
NCLT: “Obligations of SRA cannot be equated to Corporate Guarantee”; Rejects insolvency plea
SC: Quashes NCLAT-order directing NCLT to admit insolvency plea without evaluating contentions on merits
NCLT: Allows insolvency application of Mudraa Lifespaces under pre-pack insolvency process norms
SC: Rules on creation of first charge over attached property; State's claim to be given precedence
HC: Insolvency Professional doesn’t fall within “public servant” meaning under Prevention of Corruption Act
NCLAT: NCLT empowered to issue directions regarding pursuance of avoidance applications post resolution-plan approval
NFRA: Penalises CA for performing audit despite 'serious conflict of interest', not giving appropriate opinions
HC: Arbitral award deciding on claim already withdrawn by parties ‘patently illegal’
HC: Directs CBI probe against 7 banks for sanctioning loans in contravention of RBI-guidelines
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