Rulings
HC: Main agreement’s arbitration-clause cannot be invoked for deciding disputes under ‘independent’ subsequent agreement
NCLAT: Cannot interfere with CoC’s ‘business decision’ to approve resolution-plan; Upholds NCLT order
NCLAT: Upholds NCLT-order directing Income-Tax, Excise Dept. to pay CIRP costs, RP’s fees
NCLAT: CIRP cannot be initiated against Corporate Guarantor who is an NBFC; Quashes NCLT-order
NCLAT: Date of cheque dishonoring can be considered as “date of default” under IBC
NCLT: Can initiate independent CIRP-proceedings basis different purchase order, being a separate contract
HC: Cannot refer disputes between internet service providers to arbitration, given TDSAT’s exclusive jurisdiction
NCLT: Imposes Rs. 1-lakh cost on suspended-director for filing parallel applications against Financial Creditor
NCLT: Corporate Debtor’s leasehold rights are “intangible assets”, form part of liquidation estate
HC: Refuses to appoint arbitrator, given ‘moratorium’ granted by NCLAT under Companies Act
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