Rulings
HC: Revenue to reimburse prior-period pre-deposit amounts to Binani Cement’s successful resolution applicant
NCLAT: Quashes NCLT-order dismissing petition seeking rectification of Register of Members, remits matter
NCLT: Denies shelter u/s 10A to Corporate Debtor; Settlement-agreement can’t reschedule default date
HC: Authorised Signatory signing cheques qualifies as “drawer”, liable for prosecution in cheque-dishonour proceedings
NCLAT: Affirms NCLT order rejecting Creditor’s plea to amend nature of claim post CIRP-initiation
NCLAT: Deletes NCLT’s observation regarding default on guarantors’ part, given RP’s power to decide
NCLAT: Rejects challenge to liquidation merely on ground of one Financial Creditor constituting CoC
NCLT: Directs RP to refund Earnest-Money deposited by Resolution-Applicant, cites ‘dereliction of duties’
NCLAT: Quashes NCLT order initiating CIRP against Corporate Debtor without considering objection regarding limitation
NCLAT: RoC not competent to appeal against NCLT order directing SFIO investigation