Rulings
NCLT: Guarantor-Corporate Debtor's liability can't exceed amount guaranteed; Rejects insolvency application
NCLAT: Admits appeal challenging approved resolution plan for Jaypee Infratech, to decide farmers’ compensation issue
HC: Dispute resolution provision under SEZ Act will prevail over arbitration-clause in development agreement
SC: By 3:2 majority holds, unstamped arbitration agreement not legally enforceable
HC: Lifts DMRC’s corporate veil for enforcing arbitral award against Union Ministry, Delhi Govt.
SC: Civil-Court’s jurisdiction barred in matters under SARFAESI Act falling within DRT, DRAT purview
HC: Grants anticipatory bail in loan siphoning case, given completion of investigation
NCLAT: Lending huge amount to unconnected-parties sans security, subsequently writing it off, ‘fraudulent transaction’
HC: Appoints Arbitrator to decide on issue of coercion in executing settlement agreement
NCLT: Reiterates, recovery certificate issuance, OTS requests extend limitation for initiating insolvency proceedings
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