Rulings
NCLT: Rejects GMADA’s objection to CoC approved resolution plan citing stakeholders’ interest
NCLT: Rejects application for waiver to pursue main mismanagement-petition, on failure to prove shareholding
HC: Quashes arbitral award for being against public policy, in defiance of SC order
NCLAT: ‘Minority homebuyers must sail with majority’; Upholds NCLT-order rejecting challenge to resolution-plan
HC: No special treatment to Govt. agency seeking delay condonation under Arbitration-Act; Rejects NHAI’s plea
HC: Can't substitute "expert’s opinion", unless "totally unreasonable"; Rejects writ seeking directions to IBBI
NCLAT: “Can’t press ‘Doctrine of promissory estoppel’ against resolution applicant”; Rejects appeal challenging plan-approval
HC: Remedy u/s 13(10) of SARFAESI not independent of Recovery of Debts Act
IBBI: Suspends IP’s registration for failure to preserve Corporate Debtor’s assets, “casual approach”
HC: Court’s exercise of writ jurisdiction against order appointing Arbitrator will open “litigation floodgates”
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