Rulings
HC: Upholds dismissal of writ filed as an “afterthought” to interdict IBC proceedings
NCLT: Debars Statutory Auditor for fraudulently issuing Audit Certificate as a “tradeable commodity”
NCLAT: Disallows mortgage of Company’s assets breaching AoA’s mandate of Nominee Director’s appointment
HC: Embargo on subsidiaries under Registered Valuers Rules not unconstitutional; Rejects Petitioner’s discrimination plea
HC: Foils attempt to ‘hoodwink’ Company being wound-up by executing sham sale deed
SC: CoC’s voting threshold a 'litmus test' for resolution plan’s approval; Upholds NCLAT order
NCLAT: Dismisses Tata Steel's 'premature' appeal in Bhushan Steel matter absent NCLT’s final decision
SC: Corporate Debtor’s erstwhile Directors entitled to receive resolution plans being vitally interested
NCLT: Bars minuscule section of Financial Creditors from holding resolution plan to hostage
NCLT: Promoters’ “superior” settlement bid for Essar Steel not maintainable; Cites SC’s express mandate
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