Rulings
IBBI: Reprimands Resolution Professional for dereliction of duty cast under the Insolvency Code
SC: RBI officer cannot preside over liquidation proceedings; Directs HC to nominate Official Liquidator
NCLT: Pendency of proceedings under SARFAESI Act no ground for rejecting CIRP initiation
NCLAT: Copy of NCLAT order staying NCLT's ex-parte interim ruling against DSK Developers
NCLAT: Committee of Creditors liable to bear IRP's fees, to the extent of ratification
NCLT: IBC not defaulter's "scapegoat"; Absent restructuring schemes, admits Aircel Cellular's 'insolvency' petition
NCLT: Amended Insolvency petition against Videocon to be heard on merits on April 23
SC: Lawyers entitled to issue demand notice u/s.8 of IBC; Reaffirms Shilpi Cables ruling
NCLT: Passes ex-parte order against D.S.K.Developers for conducting affairs pre-judicial to public interest
SC: Allows objection u/s.34 to Arbitral Tribunal’s jurisdiction; Overrules earlier judgment observing the contrary
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