Rulings
NCLT: Allows restoration of Company for being a going concern
SC: Termination/restoration of dealership solely within principal’s discretion; Upholds arbitral award
NCLAT: Upholds Corporate Debtor’s liquidation, owing to sole resolution plan’s rejection
NCLT: Orders Corporate Debtor’s liquidation; Inter alia cites insufficiency of funds to repay creditors
HC: Courts at seat have no exclusive jurisdiction over arbitral proceedings between parties
NCLAT: Quashes NCLT order declaring CIRP initiation absent authority in Applicant’s favour
NCLAT: Pending SFIO investigation, NCLT can't give clean chits; Quashes Gitanjali Gems order
NCLT: Sanctions composite scheme of arrangement, Transferee to remain a going concern
NCLAT: Allows Operational Creditors to attend CoC meetings as per Sec. 24 of IBC
NCLT: Admits insolvency petition against Videocon Industries in public interest