Rulings
SC: Upholds Company Court order confirming ‘highest bidder’, rejects subsequent increase in property-value
HC: CBI’s investigation-report insufficient reason to initiate winding-up on ‘just’ & ‘equitable’ grounds
HC: Upholds appellant’s impleadment to Sec 397/398 petition at belated stage, rejects CPC reliance
HC: Lambasts CLB for perverse, callous order directing share buyout of wind-energy giant
HC: Inability to pay debt a rebuttable presumption; Refuses to order guarantor’s winding-up
SC: HC’s leniency towards co.’s debt default ‘inexplicable’, cause for litigation pile up
HC: Sanctions amalgamation scheme, permits transferee co.’s name change, MCA circular ‘advisory’
HC: Dismisses FTIL plea to peruse Govt-FMC communication on proposed merger with NSEL
CLB: Refuses to absolve lender Future Capital, Deccan Holdings’ independent director in mismanagement petition
SC: No jurisdiction with Official Liquidator to ascertain Financial Corporation’s claim, dismisses appeal
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