Rulings
IBBI: Suspends IP’s registration for failure to conduct CoC meeting on Financial-Creditor’s request
NCLT: Excess amount mistakenly paid by Creditor to Corporate Debtor, not “operational debt”
NCLAT: Affirms NCLT-order dismissing oppression petition filed against Sec. 8 Company by “non-member”
NCLAT: Quashes 'cryptic' NCLT-order admitting ‘defective’ insolvency petition; Remands matter for denovo consideration
HC: Alternative remedy, not a bar, when secured-creditor thwarted from recovering debt under SARFAESI
NCLT: Successful bidder doesn’t require DGFT-approval to release goods for Domestic Tariff Area
SC: Affirms NCLAT order quashing NCLT order modifying Decaan Chronicle’s CoC-approved resolution plan
NCLAT: Bid for Corporate Debtor’s sale as ‘going concern’ to be given preference
HC: Upholds Single-Judge order setting aside arbitral award ignoring material evidence, cites patent illegality
HC: Affirms Single-Judge order quashing arbitral award directing Antrix to pay damages to Devas Multimedia
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