Rulings
NCLAT: Affirms NCLT order dismissing Operational Creditor’s time-barred insolvency application against Air India
NCLAT: NCLT justified in not extending timelines for payments as per approved-plan, ordering fresh CIRP
HC: Adjudicating ‘fraud’ over share-transfer beyond NCLT's powers; Civil Suit maintainable
NCLAT: Financial Creditor’s insolvency application maintainable for interest alone where principal not due
NCLAT: Sets aside NCLT order admitting consortium member’s Sec. 7 application against Corporate Debtor
NCLT: Directs Liquidator to refund auction-bidder’s deposit given pending PMLA proceedings against Corporate-Debtor’s assets
HC: CA's foreign remittance certification basis client forgery, enjoys legal protection; Quashes PMLA prosecution
NCLAT: Upholds NCLT order permitting liquidator to scrutinize pre-CIRP fraudulent transactions of ex-promoters
NCLAT: Affirms NCLT-order dismissing insolvency application; Reiterates, CIRP shouldn’t be used as recovery mechanism
SC: HC cannot decide issues pertaining to contract-novation while hearing application seeking Arbitrator’s appointment