Rulings
HC: Rejects demand for unearned increase; Change in shareholding doesn't amount to asset transfer
IBBI: Revokes IP’s registration for engaging in conspiracy to exploit ailing Corporate Debtors
NCLT: Dismisses petition seeking CIRP initiation against Bhushan Steel; Cites partial acceptance of claim
SC: Refuses to relook into foreign award’s execution; Cites limited jurisdiction under Arbitration Act
SC: Employee payments camouflaged as ‘special allowances’ liable to PF-deduction; Applies ‘universality’ test
NCLT: Sanctions transfer of Tata Teleservices’ demerged undertakings; Cites members’ interest
HC: Quashes Enforcement Directorate’s seizure order under PMLA based on mere suspicion
SC: Mere inability to repay loan doesn’t constitute criminal offence absent fraudulent intention
SC: Disqualifying nominee arbitrator over mere apprehension of bias unjustified; Quashes HC order
HC: Bars jurisdiction of ordinary Civil Court considering NCLT’s exclusivity in insolvency matters