Rulings
NCLT: Allows plea seeking liquidation of Corporate Debtor’s “excluded assets”, given CoC approval
NCLAT: Tribunal’s role “supervisory”, cannot question manner of conducting valuation
HC: Allows PwC to sue Satyam founder for Rs. 100 Cr.; Rejects “unregistered firm” plea
NCLT: Debt sans stipulation of regular interest payment, included in “financial debt” ambit
SC: Secured-creditor not categorised as Financial/Operational Creditor, entitled to retain security-interest in pledged-shares
NCLAT: Upholds NCLT order reviving insolvency petition against previously struck off Co.
NCLAT: RP must serve notice to Operational-Creditors in CoC-meetings, imposes cost for non-compliance
NCLAT: Affirms NCLT order rejecting Operational Creditor’s insolvency plea, given pre-existing dispute
NCLT: Moratorium doesn’t bar Corporate Debtor from initiating criminal prosecution against Operational Creditor
NCLT: Mutually entered agreements for developing projects, sharing benefits, doesn’t constitute “financial debt”