Rulings
NCLT: Dismisses insolvency petition; Challenge to arbitral award amounts to existence of dispute
NCLT: Initiates CIRP; Cites Corporate Debtor’s failure to establish ‘pre-existing dispute’
NCLAT: Directs admission of insolvency petition jointly against Developer and Land Owner
NCLT: Calls out for formulation of “Standard Operating Procedure” for regulation of CoCs’ affairs
HC: NCLT empowered to adjudicate on matters involving illegal share allotment
NCLT: Approves amalgamation designed to enable Promoters’ direct shareholding in listed Company
NCLT: Discards CoC’s invalid resolution appointing RP; Directs IRP to convene meeting again
NCLT: Extends moratorium period by 90 days; Directs erstwhile Auditor to issue NOC
NCLT: Grants status quo w.r.t. execution of attachment warrant; Cites ongoing moratorium
NCLAT: Quashes CIRP initiation; Cites incomplete application in absence of ‘records of default’
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