Rulings
HC: Affirms Single Judge order directing CBI probe into municipality recruitment scam
NFRA: Penalises, bans Auditor for 5 Years For “Gross Negligence” in Audit Responsibilities
HC: Grants bail to mastermind of Chinese shell companies racket
NCLAT: Condones delay of over 3 years in filing Form INC-28, saddles with cost
NCLAT: Upholds liquidation proceedings against Corporate Debtor for failure to make OTS proposal
NCLT: No deficiency in Demand Notice sent to Corporate-Debtor’s MD, who qualifies as KMP
HC: Grants bail to Educomp Group’s ex-CFO in Rs. 240 cr. fund siphoning case
NCLT: Terminates Corporate Debtor’s CIRP basis sufficient funds to pay debts, cites “hidden motives”
NCLAT: ‘Unstamped’ Assignment-Deed admitted as evidence cannot be objected at later stage; Upholds CIRP-proceedings
HC: Arbitrator’s view sacrosanct, shouldn’t be substituted with Court’s alternate-view on re-appreciation of evidence
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