Rulings
HC: Appeal “bereft of merit”, secures Kal Airways' claim against Spicejet Airways
NCLT: Majority decision can be questioned if canons of law have been violated
CLB: Punishes McDonalds for power 'grab' in India JV, appoints 'Administrator' to prevent oppression
NCLT: Valuation Report can be rejected for illegality/ fraud, not on mere dissatisfaction
HC: Disallows “common suit” by Tata group minority shareholders on matters of “perception”
HC: Dismisses unsecured creditor’s winding-up petition as not in interest of other stakeholders
NCLT: Enforces CLB’s consent order; Refuses share value revision pursuant to bank-guarantee encashment
NCLT: Exercises discretionary power to grant waiver under exceptional circumstances
NCLT: Minority shareholder to exit in exchange for royalty for professional services, sans oppression
NCLT: Adjudicating Authority declares moratorium sans proposal for appointment of resolution professional
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