Rulings
NCLAT: Foils Co.'s attempt to restore name making CA scapegoat for non-compliance
NCLT: Electricity an ‘essential good’ under IBC, cannot disconnect supply till completion of CIRP
NCLT: Compounds offence of 20+ Directorships, albeit pending prosecution; Accepts defaulter’s ‘ignorance’ plea
NCLAT: Upholds deletion of Statutory Auditors as parties to oppression & mismanagement petition u/s 241, 242
NCLT: No corporate insolvency resolution process, in light of dispute on services efficiency
NCLT: Restores Co. name upon noting filing of I-T returns, assets & liabilities
NCLT: Restores Co. name; Annual Returns non-filing unintentional, no heavy deposits during demonetization
NCLT: Directs liquidation of Corporate Debtor absent claims from creditors & resolution plan
HC: Reiterates prohibition of I-T proceedings post declaration of ‘moratorium’ under Insolvency Code
NCLAT: Affirms CIRP initiation as Power of Attorney-holder authorized to represent Financial Creditor
Pages
