Rulings
IBBI: IBBI: Exemplary punishment to IP for manifestly illegal conduct, outsourcing responsibility, discarding propriety
HC: Acquisition of Company's equity share capital doesn't result in transfer of leasehold rights
SC: Dispute non-referable to arbitration when claim repudiated; Follows Oriental Insurance ruling
NCLAT: Increase of share-capital in Company’s interest not oppressive; Upholds Sec. 397/398 petition’s dismissal
NCLAT: No nexus between claim’s maturity and filing; Regards Banks as ‘Financial Creditors’
SC: Quashes HC order directing CA’s appointment in Civil Revision w.r.t. arbitral award’s execution
SC: Cannot require parties to lead evidence in application to set aside arbitral award
HC: Remits matter to ROC; Directs activation of disqualified Directors’ DIN and DSC
HC: Purchase of property from known sources in wife’s name not Benami transaction
NCLT: Mandates delivery of demand notice by Operational Creditor to initiate CIRP
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