Rulings
HC: Transfers winding-up proceedings to NCLT, cites nascent stage of petitions
SC: No prohibition on filing recovery-proceedings against sick industrial co., if they don't interfere with revival
HC: Rejects auditors' plea seeking interim relief against NFRA penalties for lapses in Reliance Capital’s audit
NCLAT: Dues arising during CIRP not determinative of classification as “CIRP cost”
HC: Allows Taj Hotel Resorts’ challenge to arbitral award directing to pay damages to proprietor
NCLAT: “Homebuyers' interest vital”; Quashes NCLT-order rejecting CIRP extension for realtor
HC: Grants bail to ex-IFIN CEO Ramesh Bawa under SFIO investigation, considering serious medical ailments
NCLT: Amount to be realised as compensation for business loss, not 'debt'; Rejects insolvency-plea against OYO
HC: Refrains from interfering with RBI’s action of amalgamating LVB and DBS Bank
HC: Guj HC to examine Disciplinary Committee’s coram in order challenged by Insolvency Professional
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