Rulings
IBBI: Cautions IP against ‘passive approach’, directs to undergo pre-registration educational course
NCLT: Permits Go First to use leased aircrafts for commercial use, cites “going concern”
HC: SEBI orders no bar against SARFAESI proceedings to sell mortgaged property
IBBI: 'Strange' approach in liquidation process lands IP in trouble, gets 2 year suspension
NCLAT: Entry of ‘outstanding debt’ in Balance Sheet qualifies as acknowledgment, extends limitation
NCLAT: Dismisses appeal challenging rejection of company-name restoration, absent 'cogent evidence' showing business
NCLAT: SEBI’s recovery-proceedings against Corporate Debtor, no ground to oppose Financial Creditor’s insolvency petition
NCLT: Approves Darwin Platform’s Rs. 1,814 cr. resolution plan for Lavasa
NCLAT: RP's duty to collect and collate claims, rejection not an “adjudicatory function”
HC: Cannot refuse reference to arbitration given existence of arbitral-clause in MoU between parties