Rulings
NCLT: ‘Personal vendetta’ & ‘Arm twisting tactics’ cannot be basis for initiating Insolvency Process
HC: Finding procedural lacuna, directs DIN restoration of defaulting directors for annual-filing completion
NCLT: Guarantee must be invoked before Insolvency Resolution Process and moratorium commences
NCLAT: Quashes NCLT’s order admitting insolvency petition; Cites incomplete application, declares moratorium ‘illegal’
NCLT: Dismisses insolvency application due to non-compliance of peculiar provisions of Insolvency Code
NCLT: Insolvency petition dismissed for non-compliance with mandatory requirements under IBC
NCLT: Third Parties cannot seek waiver in oppression-mismanagement case, dismisses petition against Premji’s Investment Co.
SC: Conflicting views – should HC’s order be reversed for fraud/ violating public policy?
NCLT: Directs reconstitution of Creditors' Committee of corporate debtor sans 'related party' members
NCLT: Govt.’s crackdown on shell cos. will be jeopardized, if non-operative cos. are revived