Rulings
HC: Arbitrator becoming ineligible, does not render Arbitration clause nugatory; Allows petition for arbitrator-appointment
NCLT: “Unimpeachable proof” required to establish fraud by Corporate-Debtor, can’t rely solely on Forensic Report
NCLT: Allows CoC-approved resolution plan for Sudal Industries under pre-pack insolvency process norms
NCLT: Stock broker company, being ‘financial service provider’, doesn’t qualify as ‘Corporate Debtor’
SC: Quashes HC-order modifying interest rate under arbitral award, cites “extremely circumscribed jurisdiction”
NCLT: Approves NARCL’s CoC approved resolution plan for two SREI Group firms
NCLAT: Corporate Debtor’s Promoter cannot seek settlement after resolution plan approval by NCLT
NCLT: Copy of NCLT order approving Zee-Sony merger
NCLAT: Creditor not precluded from filing insolvency petition after resorting to SARFAESI proceedings
NCLAT: Quashes NCLT-order affirming Liquidator’s rejection of provident fund dues basis Establishment Ledger
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