Rulings
NCLT: Directs ED to free-up Corporate Debtor’s assets acquired using crime proceeds
IBBI: IBBI: Penalises IRP for allowing LLP to raise professional fee invoices on his behalf
NCLAT: Quashes illegal increase in share capital and preferential allotment; Cites “calculative” oppression
NCLAT: Rejects IBBI’s challenge to prospective application of Sec. 29A absent locus standi
NCLT: Disallows injunction against utilization of bank guarantee by Corporate Debtor
HC: No interim relief to Power Cos. from RBI directive; Govt.’s 'ambivalent' position impermissible
NCLT: Directs Company to expend on CSR, allows revision in Board’s Report
NCLT: Sets aside illegal share transfer vide gift, imposes costs
NCLT: Admits Operational Creditor’s insolvency petition, not barred by limitation
NCLAT: Cutting Director’s pay on the basis of false excuses amounts to oppression-mismanagement