Rulings
NCLAT: Dismisses appeal for CIRP consolidation, given NCLT’s liquidation order
NCLT: Secured Creditor stands at par with other creditors, once right over Corporate Debtor's asset forfeited
HC: Reiterates, pre-institution mediation, settlement, “mandatory” under Commercial Courts Act
NCLT: RBI Guidelines inapplicable to ex-promoter’s insolvency withdrawal plea, given IBC’s overriding effect
HC: Orders Director to pay Rs. 1 lakh ‘pro tem’ deposit of penalty in striking-off case
NCLAT: Affirms NCLT-order dismissing employees’ gratuity claims, given non-compliance of CIRP Regulations
NCLT: Dismisses Financial Creditor’s insolvency plea, absent disbursement against time value of money
HC: Award not against public policy if illegality ‘trivial’; Dismisses challenge
HC: Arbitrator’s order not relating to arbitral dispute’s vital aspect, doesn’t qualify as ‘award’
NCLT: Admits London-based Financial Creditor’s insolvency plea against Corporate Guarantor, rejects FEMA-violation defense
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