Rulings
NCLAT: Clears decks for Adani Goodhomes’ resolution plan for Radius Estates, with 93% haircut
NCLAT: Rejects appeal against NCLT order denying financial creditor’s plea seeking VAT refund
HC: “Acknowledgment of subsisting liability necessary before limitation expiry”; Quashes arbitral-award contrary to limitation
NCLAT: Dismisses Tax Dept.’s appeal against NCLT order rejecting its claim as ‘secured creditor’
SC: Courts can't compel complainant’s ‘consent’ for compounding in cheque-bounce cases
NCLT: Rejects personal-guarantor’s plea for restoring insolvency-application, cites attempt to stall SARFAESI proceedings
SC: Dismisses appeal against challenge to NFRA's jurisdiction for prior years
NCLT: Financial creditor can’t be non-suited for stamping deficiency, when debt, default proved
HC: Quashes arbitral-award deriving ‘loss of profit’ sum on MoU breach, “from thin air”
HC: Quashes cheque dishonour complaints against Company Secretary