Rulings
NCLT: Sanctions Amalgamation Scheme of Qualcomm, takes on record affidavits for valuation & FEMA compliances
NCLT: Dispenses shareholders & creditors meetings of cos. involved in amalgamation, allows application
SC: 7-day time limit for removing defects in insolvency application not ‘mandatory’
NCLT: Mistry Group seeks change of NCLT bench, Tatas oppose plea
NCLT: Allows SBI’s application for sale of Gujarat NRE’s windmill, avoids economic loss
NCLT: Admits SBI’s insolvency petition against Alok Industries, decodes maintainability of petition under IBC
NCLT: Allows name restoration, considers technical issues in MCA system for filing eForms
HC: Grants interim stay against disqualification from Directorship
NCLT: Partnership firm not a "Company" within Cos. Act 2013; Cannot participate in amalgamation proceedings
NCLAT: Power of Attorney holder not an ‘Authorised Representative’ to initiate Insolvency