Rulings
SC: Confirms Trial Court’s acquittal in cheque bounce case; Tax return proves clincher
NCLAT: Affirms NCLT order dismissing minority shareholders’ petition alleging oppression by majority
NCLAT: Quashes NCLT order allowing Delhi-based Hospital’s liquidation; Directs IBBI probe into RP’s conduct
HC: Dismisses application seeking arbitrator’s appointment, basis prior reference under MSMED Act
NCLAT: Amount transferred by Corporate-Debtor to related-party in normal business course, not ‘preferential transaction’
HC: Civil Court cannot correct arbitrators’ errors, quashes Single Judge order partially setting-aside award
HC: Application for avoidance of preferential transactions can survive beyond conclusion of CIRP
NCLAT: Ex-Promoter’s settlement proposal cannot be entertained after resolution plan approval by CoC
IBBI: Penalizes IP for delay in filing Form CIRP-7, not cooperating with Inspecting Authority
NCLT: Dues arising out of money-suit decree doesn’t qualify as ‘operational debt’ under IBC
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