Rulings
HC: Once resolution-plan under IBC extinguishes all claims, dispute can’t be urged before Arbitral Tribunal
NCLAT: Dismisses appeal challenging CIRP basis pre-existing dispute defence, calls it “afterthought and moonshine”
NCLT: Code emphasises on time-bound CIRP, not payment of “belated Government dues”
SC: No vicarious liability on firm’s ex-partner when cheque issued much after retirement
NCLAT: Entertaining resolution plan sans Form-G ‘not grave’ non-compliance, doesn’t undermine CIRP integrity
NCLT: Tribunal not empowered to refer contractual disputes involving non-signatories of SHA, to arbitration
HC: Rejects Mehul Choksi’s plea against ED’s application to declare him ‘fugitive economic offender’
NCLAT: Refuses to ‘recall’ order; Rejects ‘violation of natural justice principles’ plea
HC: Arbitrator’s fees to be treated as preferential payment, IBC moratorium not applicable
NCLAT: Written contract not mandatory to prove ‘financial debt’; Quashes NCLT-order rejecting CIRP initiation