Rulings
NCLT: No exemption from shareholders' meeting for amalgamation with wholly owned subsidiary
NCLAT: Quashes NCLT order rejecting CIRP initiation petition despite proceedings pending under SARFAESI Act, remits matter
HC: Disposes of writ challenging provisions of Sick Industrial Cos. (Special Provision) Repeal Act vis-à-vis IBC
NCLAT: Mere mismatch of debt amount immaterial where fact of default undisputed
NCLAT: Abates Insolvency proceedings as requirements of Transfer of Proceedings Rules not met
NCLAT: Dismisses Investor’s appeal against NCLT’s order admitting CIRP initiation petition
NCLT: Orders liquidation of Co. under IBC despite invalidly constituted Committee of Creditors
HC: Issues Mandamus against SFIO's investigation, absent formation of “opinion” by Govt. under Cos. Act, 2013
NCLT: Dismisses CIRP initiation petition against Guarantor, cites pending insolvency proceedings against Borrower
HC: Interprets provision relating to ‘Director’s resignation’ vis-à-vis silent AoA