Rulings
NCLT: Company's illegal acts cannot become legitimate merely for being in vogue for long
HC: Quashes ED's interdiction; Directs RBI to proceed with hearing NDTV's compounding applications
NCLAT: Dismisses Uttam Galva’s appeal seeking deferment of NCLT order in insolvency petitions
NCLT: Validates reconsidered resolution plan, excludes litigation period for computing extended CIRP
NCLAT: Upholds NCLT order admitting insolvency petition for existence of default
NCLT: General authorization sufficient to initiate CIRP; Consideration of default's reasons 'ultra vires'
NCLAT: Upholds insolvency petition’s admission initiated by erstwhile parent Company
NCLT: Section 29A banning defaulted promoters from bidding in own company, not retrospective
NCLT: Compounds illegal removal of statutory auditors for being re-appointed as rectification measure
NCLAT: Quashes admission of insolvency petition against sub-tenant absent liability towards owner
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