Rulings
SC: "No universal rule that Director is in-charge of everyday affairs"; Quashes cheque-dishonour proceedings against Director
NCLAT: NCLT can't foist own wisdom upon CoC; Sets aside direction to file fresh Form-G
HC: Restrains Reliance Infrastructure from encumbering assets worth $135 bn, pending arbitration dispute
NCLAT: Dismisses Coffee Day auditor’s challenge to NFRA order, given his reliance on firm’s SCN reply
NCLAT: "Make Jet CIRP a success"; Directs Airline's handover to Jalan-Kalrock consortium
HC: Upholds classification of co.'s account as NPA basis non-reviewed/renewed credit limits
NCLAT: Sets aside NCLT order allowing CIRP withdrawal, given Form ‘FA’ improper
SC: Dismisses SBI's timeline extension plea for compliance with directions in Electoral Bonds case
NCLT: Rejects bank's challenge to resolution plan, given its acquiescence to CIRP, valid CoC resolutions
HC: Directs payment of awarded amount determined by Arbitrator for staying execution