Rulings
SC: Foreign award not bearing stamp duty doesn’t render it unenforceable
NCLT: Rejects insolvency application for being time barred; Applies Sec. 238A
NCLT: Allows RP to add ‘related party transaction’ as ground for relief
NCLAT: Issues clarificatory instructions w.r.t. oppression and mismanagement petition against Atlas Cycles
NCLT: Guarantee for an operational debt enforceable as “debt” under IBC; Initiates CIRP
SC: Orders status-quo for Power Companies from RBI Circular's operation until November 14
NCLT: Dismisses insolvency petition; Cites existence of genuine business dispute
NCLT: Claim in nature of ‘investment’ inadmissible as “financial debt”
NCLT: Mere expression of willingness to repay loan no ground for dismissing insolvency petition
NCLT: Rejects Amalgamation Scheme devised to evade massive Income Tax liability
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