Rulings
HC: SFIO investigation doesn’t extend to Group Cos. basis mere reference to connected activities
NCLT: Debt write-off before CIRP plummets Corporate Debtor’s market-value; Allows plea for declaring wrongful-transactions
HC: Upholds order rejecting challenge to MSME Council’s award for being barred by limitation
HC: Quashes ‘non est’ CoC-meeting minutes approving resolution-plan, cites inadequate notice contrary to IBC
NCLT: Rejects insolvency plea given no subsistence of debt, absent ‘transaction of goods/services’
NCLAT: Successful Auction Purchaser can prosecute avoidance application after acquisition plan approval
NFRA: Slaps penalty, debars EQCR Partner for turning ‘blind eye’ to significant audit lapses
SC: Rejects Chanda Kochhar’s SLP for retirement benefits from ICICI Bank
SC: Disqualification u/s 29A of IBC not applicable while seeking MSME Corporate Debtor’s protection
HC: Cheque dishonour case unaffected by pending arbitral proceedings, given separate causes of action