Rulings
NCLT: Cannot condone delay beyond statutory limit; Rejects financial creditor’s plea
AT PMLA: Quashes ‘additional penalty’ imposed by ED on ex-Pakistani citizen for FEMA norms violation
HC: Grants bail to woman accused in PMLA case relating to Srijan Scam
SC: Resolves Limitation Act-IBC interplay in SBI's favour; Rejects Axis Bank's petition
NCLT: Extends resolution plan implementation term to complete proposed merger with corporate debtor
SC: Quashing cheque dishonor proceedings absent finding of non-recoverable debt, ‘not justified’
HC: IBBI “Chairperson” distinct from “Whole-Time Member”; Interimly stays disciplinary-order against RP
NCLAT: Releases Corporate Debtor from CIRP rigours, given “lackadaisical progress”, no possibility of revival
SC: Cannot unleash “hydra-headed monster of undecided claims” on SRA; Upholds rejection of belated-claims
HC: Restrains enforcement of Singapore Court's ‘anti-suit’ injunction order in oppression/mismanagement case