Rulings
HC: Banks entitled to seek tenants’ eviction from secured-assets to realise dues under SARFAESI
NCLT: Allows Torrent Investment’s plea challenging proposal to hold second-auction for Reliance Capital
HC: Directs continuation of interim injunction against DHFL promoters, others in 63 Moons’ recovery-suit
NCLAT: Affirms NCLT-order directing RP to admit claim arising from guarantee as “financial debt”
NCLT: Workmen “deemed” to be in employment during CIRP-period, directs Liquidator to distribute dues
HC: Condonation of delay must not be granted liberally in arbitration proceedings
NCLT: Proceeds from land transfer not “operational debt”, rejects insolvency-application
NCLAT: Permits Successful Bidder to withdraw from e-auction, given attachment of Corporate-Debtor’s assets under PMLA
HC: ‘Additional Directors’ equally responsible for company’s affairs as other Directors
NCLAT: Approves settlement between McDonald’s India and Vikram Bakshi; Rejects HUDCO’s intervention application