Rulings
SC: Company’s bank account cannot be frozen for criminal investigation against unrelated party
SC: SICA rehabilitation scheme binding on unsecured creditors; Quashes HC-order giving option to refuse
HC: Cannot second-guess arbitral tribunal’s factual conclusions; Affirms award favouring RIL in gas-extraction case
NCLAT: Corporate-Debtor’s sale as going concern includes contracts; Quashes NCLT-order rejecting contractor’s claims
NCLT: Copy of order admitting Go First’s voluntary insolvency plea
SC: “Judiciary has to modernize”; Reprimands NCLAT for insisting physical-filing of appeal post e-filing
NCLT: Allows plea seeking liquidation of Corporate Debtor’s “excluded assets”, given CoC approval
NCLAT: Tribunal’s role “supervisory”, cannot question manner of conducting valuation
HC: Allows PwC to sue Satyam founder for Rs. 100 Cr.; Rejects “unregistered firm” plea
NCLT: Debt sans stipulation of regular interest payment, included in “financial debt” ambit
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