Rulings
NCLT: Dismisses Cyrus Investments contempt plea against Tata Sons; Invoking contempt "rare" power
NCLT: Cannot retry ‘Director removal’ issue once settled by competent forum; Dismisses “infructuous” petition
HC: Finds no delay in SEBI’s complaint against Respondent; Shareholder’s knowledge of breach inconsequential
NCLT: Wife’s special ‘Power of Attorney’ constitutes sufficient consent to file Sec. 397-398 petition
NCLT: Quashes Board meetings & EOGM for sale of Co. property absent participation of minority shareholders & Directors
NCLT: Dismisses petition barred by laches; applies ‘unreasonable standard’ prescribed under Limitation Act
HC: Rules on transfer of winding-up petition from HC to NCLT; Decodes Cos. (Transfer of Pending Proceedings) Rules
NCLT: Upholds Tribunal’s jurisdiction to suo-moto entertain compounding application before criminal case institution
NCLT: Accepts 41% shareholders’ objection to enhance Co’s borrowing limits to avoid ‘worsening of financial condition’
NCLT: Condones 74-days delay in filing Annual Returns, notes high-volume of accounting transactions & TP complexities
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