Rulings
NCLT: Invokes equitable jurisdiction, sans bonafide conduct of Petitioners alleging oppression/mismanagement
HC: Restores status quo ante, pending appeal u/s. 34 of Arbitration and Conciliation Act, 1996
HC: Provision of solitary opinion doesn’t mar Arbitrator’s independence
NCLT: Company’s name restoration not at director’s discretion once opted for exit under FTES
NCLT: Interest outside the purview of ‘operational debt” under the Insolvency and Bankruptcy Code
NCLT: Allows initiation of Insolvency Resolution Process on compliance with Sec. 9(3) of Insolvency Code
NCLT: Directs Company’s name restoration subject to filing of statutory documents
NCLT: Approves reduction of equity share capital aimed at distribution of surplus capital
HC: Arbitration Tribunal not entitled to appoint Court Receiver u/s. 17 of the Act
HC: Dismisses RBI’s intervention in settlement of Tata- Docomo arbitration award