Rulings
HC: Denies deposit-repayment extension time to Elder Pharmaceuticals; Emphasizes on investors’ interest
SC: CLB’s interim order, sans perversity/arbitrariness, not to be interfered by HC
HC: Throws out outsider’s writ over MD appointment, sans locus standi; Imposes costs
HC: Directs Govt. to enhance security verification for MCA portal; Intruders face prosecution
HC: Refuses to unsettle settled position, dismisses ex-MD’s asset undervaluation allegations in winding-up
HC: Unpaid salary a ‘debt’, confirms employee’s locus as ‘creditor’ to file winding-up petition
HC: Quashes summons against Religare directors for Accounting Standards non-compliance as ‘hopelessly time-barred’
SC: CLB can’t deny jurisdiction u/s 111 for rectification/member-registration, absent dispute regarding share-title
SC: Directors-in-charge of company’s day-to-day business liable for cheque dishonouring
CLB: Dismisses mismanagement petition filed post compromise-deed, directs Court to adjudicate consideration non-payment