Rulings
HC: Cos. Act, 2013 ousts High Court's jurisdiction to hear pending matters under old Act
NCLT: Inter-se agreement between financial creditors cannot override IBC express provisions; CIRP initiated
NCLAT: Numetal, ArcelorMittal India - both held eligible to bid for Essar Steel
IBBI: IBBI: Debars IP for illegally using ‘IBBI' in name of LLP operated by him
NCLAT: Discards Adjudicating Authority’s order arbitrarily allowing revision in resolution plan
NCLT: Reimbursable expenses pursuant to Customs Clearing Agency Services constitutes “operational credit”
NCLT: Approves H-1 bidder’s resolution plan, however denies waiver of statutory dues
NCLT: Rejects insolvency petition; Cites disclosure of dispute by Corporate Debtor u/s 8(2)
NCLT: Sanctions demerger of Go Airlines’ real estate development undertaking into Wadia Reality
NCLT: Directs probe into Company’s affairs, cites intention to defraud Creditors