Rulings
HC: Dismisses winding up petition for non-payment of debt, cites non-completion of work
NCLT: Orders company be dissolved u/s. 59(7) of IBC 2016 post voluntary liquidation
SC: FI’s certificate directory, not mandatory; Lawyer can issue demand notice u/s. 8
HC: Upholds ICAI suspension of CA's membership for active connivance in irregular IPO allotment
HC: Dismisses writ petition challenging constitutional validity of provisions of SICA
HC: Dismisses oral understanding plea contrary to written ICD repayment agreement
NCLT: Orders Liquidation of Innoventive Industries, as Resolution Plan fails 75% CoC votes test
HC: Shares ‘transfer’ to IEPF not statutory vesting; Urges simplified share reclamation procedure
NCLT: Allows unfreezing of Bank Account for salary payment of de-registered company’s employees
NCLAT: Refuses to condone oppression-mismanagement petition delay from Civil suit for Co. assets
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