Rulings
HC: Dismisses Corporate Debtor’s plea challenging termination of lease deed post liquidation-process initiation
NCLT: Rejects Financial Creditor’s time-barred insolvency petition against Personal Guarantor
IBBI: Imposes Rs. 2-lakh penalty on IP for placing non-compliant resolution plan before CoC
NCLT: Lacks power to review its own order after deciding issue on merits
NCLT: Dismisses belated claims against Corporate Debtor, given CIRP already underway
NCLT: Admits Yes Bank’s insolvency petition for initiating CIRP against Zee Learn
HC: Party cannot seek remedy after failing to take steps for constituting arbitral-tribunal within limitation
HC: Affirms setting-aside of arbitral award calling for additional documents after reserving orders
NCLAT: Rejects appeal challenging NCLT-order quashing e-auction basis ineligibility of Successful Auction Purchaser
NCLAT: Non-payment of debt in ‘entirety’ gives Financial Creditor right to prefer insolvency application