Rulings
HC: Can’t enforce “colourable device” aided debenture transaction meant to circumvent FDI policy
HC: Presumes registration of mortgage-charge in successor’s favor on predecessor’s disqualification, absent contrary proof
CLB: Insists on “locus-standi” for Sec. 237 petition; Fishing expedition by ‘stranger’ not permitted
HC: Debt claim can’t be challenged post winding-up admission; Distinguishes Kar. HC judgment
SC: Cheque dishonouring notice serving on ‘company’, not directors; Overrules Madras/Bombay HC ratios
SC: Rejects ‘adventurism’, upholds NCLT/NCLAT validity; However strikes down selection committee constitution
HC: ‘Income-Tax notice’ a pre-condition for lifting corporate veil of public company’s director
CLB: Pierces corporate veil, allows Sec. 397 petition; Director running competing business unacceptable
HC: ‘Consensual’ share purchase agreement doesn’t impinge ‘free transferability’ concept; Upholds Arbitral Award
SC: Constitution Bench reserves judgment on validity of National Company Law Tribunal
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