Rulings
HC: Quashes part of arbitral-award allowing claim for loss on mere evidence of ‘expected profits’
NCLAT: Resolution plan approval by CCI prior to CoC’s approval, ‘directory’ in nature
SC: Prosecuting DBS Bank for LVB officials’ acts pre-amalgamation would be “travesty of justice”
HC: Court statutorily precluded from extending arbitrator’s mandate when extension-application filed post mandate-expiry
NCLT: Interimly stays arbitration-proceedings invoked in Singapore, pending oppression petition on overlapping issues
NCLAT: Quashes NCLT’s insolvency orders against stock broker, financial service provider u/s 7
SC: Entertains writ against discontinued VC hearing; Issues notice to HCs, Tribunals & requests SG's assistance
NCLAT: Default committed prior to and continuing during Sec. 10A-period no bar on CIRP-initiation
HC: Relegating parties to conciliation ‘unwarranted’ given existence of ‘serious disputes’; Appoints arbitrator
NCLT: Rejects customer’s GST claim filed after approval of Corporate Debtor’s resolution plan
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