Rulings
NCLAT: NCLT empowered to direct authorities to rectify Register of Members by cancelling allotted-shares
SC: Orders extending limitation during COVID also apply to condonable delay period
SC: “RP should maintain neutral stand”; Rejects appeals filed by Corporate Debtor’s RP
NCLT: Rejects Corporate Debtor’s ex-Director’s insolvency plea claiming dues pertaining to separate CEO post
NCLAT: Tribunal should ‘deliberate’ upon loan disbursal manner, not just ‘refer’
HC: Dismisses Corporate Debtor’s ex-Director’s plea seeking protection as ‘victim’ under PMLA
NFRA: Cracks down on DHFL Branch Auditors, slaps penalties for misconduct in audit
NCLT: RP/CoC cannot obtain MSME-certificate post CIRP to enable defaulting promoters’ backdoor entry
NCLAT: NCLT cannot ‘trespass’ CoC’s business decisions; Upholds order approving Corporate Debtor’s liquidation
HC: Sec. 14 invokable only when Arbitrator rendered de jure unable to perform functions
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