Rulings
NCLT: Waives eligibility criteria for filing oppression-mismanagement petition absent proof of share transfer
NCLT: Debtor cannot object to / rely on same document; benefit from own wrong
IBBI: IBBI: Penalizes Resolution Professional for encroaching upon CoC’s role in CIRP
HC: RBI’s directions to refer defaulters under IBC not violative of Article 14
SC: Quashes NCLAT order ‘threatening’ Appellant with CIRP initiation; Relies on Mobilox Innovations
NCLT: Allows home buyer’s application for CIRP initiation against real estate developer
NCLAT: Quashes dismissal of oppression mismanagement petition; Cites illegal share transfer by Respondents
HC: Initial onus to prove default u/s 454 during winding-up lies on Official Liquidator
NCLAT: NBFCs outside the purview of IBC; Quashes NCLT order initiating CIRP
SC: Upholds Limitation Act applicability to creditors' applications under IBC