Rulings
NCLT: Mere despatch of notice to guarantor recalling borrower’s loan-facilities, doesn’t constitute ‘demand’
NCLT: Directs RP to make ‘best’ estimate of Corporate-Debtor’s workmen’s claim
NCLT: CoC cannot extinguish dissenting financial creditors’ right to proceed against personal guarantor
SC: Pre-2015 Amendment Act provisions to apply when notice invoking arbitration issued prior to Amendment
NCLAT: Debenture holders qualify as ‘financial creditors’; Upholds NCLT order admitting insolvency petition
HC: Rejects enforcement of foreign Award passed without considering FEMA violations, fraud in share-valuation
HC: Dismisses PIL challenging decision allowing exchange of Rs. 2000 notes without identify proof
NCLAT: Refuses Jet Airways’ lenders' plea seeking to invoke SRA’s performance bank guarantee
SC: Directs bank to refund highest-bidder’s forfeited-deposit, given bidder unaware about challenge pending before DRT
NCLAT: NCLAT has inherent jurisdiction to “recall” judgment on sufficient grounds
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