Rulings
NCLAT: NCLT has no jurisdiction to direct share-sale to outsider, where shareholders are interested
NCLT: Approves Resolution Plan, Rejects 9% Financial Creditor’s objection as doing so would jeopardize IBC objective
NCLT: Allows Application for name restoration, adopts liberal approach, directs compliance
NCLT: Dismisses insolvency petition for salary non-payment, cites pre-existing disputes between parties
NCLT: Admits RCom’s petition for Aircel merger, deliberates on creditor’s right to raise objection
HC: Directs ROC to initiate investigation for inclusion & exclusion of a person as Director
NCLT: Sets aside allotment for money received as ‘advance’, direct repayment along with interest
NCLT: Admits SBI's insolvency petition against Bhushan Steel; 'Default' a pre-requisite, not 'amount' thereto
NCLT: Dismisses petition for name restoration of Co., observes misrepresentation of facts & director’s address
NCLT: Admits Financial Creditor’s petition under IBC for debtor's default, appoints IRP
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