Rulings
NCLT: Restrains Reliance Capital’s Administrator from presenting Hinduja Group’s non-compliant plan before CoC
SC: IBC moratorium cannot impede SVLDRS benefit; Allows settlement after cut-off date
NCLAT: CIRP Regulation 30-A to be read harmoniously with IBC provisions; Quashes insolvency-application withdrawal
SC: SARFAESI dues prevail over MSMED Act, resolves conundrum over dual 'non-obstante' clause
NCLAT: Affirms NCLT order allowing assignee to pursue insolvency proceedings against Corporate Debtor
NCLT: Permits successful bidder to conclude Corporate Debtor’s acquisition on ‘going concern basis’
NCLAT: CoC cannot consider resolution plan of third-party who wasn’t part of CIRP proceedings
SC: NCLT doesn’t exercise parallel jurisdiction with SEBI for adjudicating violations of SEBI Regulations
NCLT: Rejects merger scheme for being non-compliant with Sec. 72A of Income-Tax Act
NCLT: Approval of resolution-plan by NCLT, doesn’t waive legal proceedings pending against Corporate Debtor
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