Rulings
HC: Parallel probe by other agencies not permissible once SFIO initiates investigation
NCLT: Dismisses insolvency petition against real estate co., given settlement with allottees
HC: Look Out Circulars cannot be issued merely on bank’s request, application of mind essential
SC: Upholds HC order setting aside arbitral award basis patent flaws and illegalities
SC: Exercise of writ-jurisdiction by HC ‘unjustified’ when borrower already availed alternate remedy under SARFAESI
NCLAT: Upholds NCLT order approbating IT-Dept.’s decision on payment of refund to Corporate-Debtor
NCLAT: Sets aside insolvency-proceedings against Coffee Day Global, owing to settlement between parties
NCLAT: Directs NCLT to consider documents w.r.t. shifting of Corporate Debtor’s office
HC: Directs SBI to pursue IBC relief before NCLT over GST Commissioner’s attachment-order
HC: Company Court has discretion to transfer winding up proceedings to NCLT