Rulings
SC: No condonation of delay beyond 90 days in filing appeal before NCLAT
NCLT: Payment to IRP at minimum level suggested by ICWAI not excessive/ arbitrary
NCLT: Admits insolvency petition against Corporate Debtor in view of “overwhelming” evidence by employee-Creditor
NCLT: Resolution Professional empowered to conduct ‘forensic audit’ for recovery order u/s.66 of IBC
HC: No "unintelligible differentiation" in precedence to financial creditors over operational, under IBC
HC: Upholds Rs.3,500 Cr foreign arbitral award against ex-Ranbaxy owners, except award against minors
NCLT: Gift deed once executed cannot be revoked unilaterally; Dismisses oppression/mismanagement petition
SC: Directs HC to not entertain NCLT/ IBC validity during pendency of Tribunals’ merger decision
SC: Interim award on 'limitation' appealable, no drill of Sec. 16 required
NCLT: Foils Bhushan Energy’s attempt to wriggle out of SBI’s insolvency resolution process initiation
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