Rulings
SC: Allows CIRP withdrawal despite being sought after issuance of EOI’s invitation
NCLT: Rejects RP’s plea for withdrawal of insolvency application after issue of EOI
SC: CIRP initiation under IBC independent of winding-up proceedings before HC
IBBI: Penalizes RP for failing to manage Corporate Debtor’s operations as a going concern
NCLT: Rejects CIRP application; Cites existence of dispute w.r.t. entitlement under MSME Act
NCLAT: Quashes CIRP initiation on noting pre-existence of dispute regarding material’s supply
NCLAT: Operational Creditor’s claim not time barred considering continuous cause of action
NCLAT: Dismisses Promoter’s challenge to resolution plan’s approval
SC: Lauds IBC 'experiment', dismisses financial vs. operational creditor discrimination plea
NCLT: Finds Flipkart Logistics’ amalgamation petition ‘premature’; Cites MCA’s pending inquiry w.r.t. RPTs