Rulings
HC: Challenge to Award u/s 34 has limited scope, not equivalent to “appeal”
NCLAT: Upholds NCLT order allowing CoC approved resolution plan, absent illegality
HC: Dismisses petition for appointing arbitrator, filed as an “afterthought”, dispute being “manifestly non-arbitrable”
HC: Rejects writ challenging IBBI order denying registration as IP, absent irregularity
HC: Rejects challenge to arbitral award citing ‘exclusive jurisdiction’ of Chennai courts
NCLT: “Reference bench can resolve all differences of referral-bench”; Refuses fresh determination of liquidation-value
NCLAT: ‘Fine’ & ‘cost’ not synonyms; Quashes NCLT-order penalizing Corporate Debtor’s Suspended-Directors for misconduct
NCLT: Rejects real-estate allottee’s claim as secured financial-creditor, since payment to Corporate Debtor “sale-consideration”
HC: Non-joinder of Company being drawer of disputed-cheque, "fatal" to Sec. 138 proceedings
NCLT: Insolvency resolution should not hamper ‘cost of efficiency’; Directs Corporate Debtor’s liquidation
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