Rulings
NCLT: Approves arrangement aimed at consolidating group structure
NCLT: Draws distinction between Company’s undertaking vis-a-vis its assets
HC: Absence of exclusive jurisdiction clause in arbitration doesn’t amount to Seat Court’s exclusivity
NCLT: POA executed in 2014 invalid to initiate proceedings u/s 7 of Insolvency Code,2016
NCLT: Admits insolvency petition against Corporate Debtor; Refers matter to IBBI for Insolvency Professional’s appointment
SC: Ousts SAT’s appellate jurisdiction to adjudicate on SEBI’s ‘administrative’ Circulars
NCLT: Director’s removal based on oral resignation sans Board meeting illegal
NCLT: Permits unsecured creditor to attend Board meeting as special invitee
NCLT: Parties to abide by Memorandum of Comprise for resolving dispute
SC: Quashes complaint against selective officers of banks for the same cause of action
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