Rulings
NCLAT: NCLT can compound offences punishable with fine; Special Court's permission not required
SC: Upholds Financial Creditor's insolvency process claim; Bankruptcy Code prevails over State enactment
NCLAT: Bankruptcy Code’s objective is not ‘debt-recovery’ but initiating insolvency resolution process, Limitation Act not applicable
NCLT: Allows petition; Directs buy-back of excess shares ‘mischievously’ acquired violating SEBI Regulations
NCLT: Seeks transfer of Bankruptcy and Insolvency proceedings against Corporate Debtors to Larger Bench
HC: Rejects minority shareholder’s objection, allows recall of winding up order
HC: Restrains Vodafone from pursuing parallel arbitrations under Netherlands & UK BIPA for identical reliefs
HC: Restrains Vodafone from pursuing parallel arbitrations under Netherlands & UK BIPA for identical reliefs
NCLT: Cheque dishonour cases pending are not pre-existing disputes – Application under IBC maintainable
NCLAT: Financial Creditors’ inter-se agreement cannot override their rights under Insolvency Code