Rulings
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CCI approves formation of Ardour Automotive Pvt. Ltd. (Joint Venture)
CCI approves formation of a joint venture, namely Ardour Automotive Private Limited. The joint venture in between Mahindra and Mahindra…
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NCLT observes that inherent jurisdiction can be applied only in cases where there is no specific provision under the statute
Application of Liquidator u/s Section 60(5) of the Insolvency and Bankruptcy Code, 2016 read with Rule 11 of the NCLT…
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NCLAT sets Corporate Debtor free as application was barred by limitation, holds Books of Account cannot be treated as acknowledgment
NCLAT allows the appeals filed by the Corporate Debtors and says that the application under Section 7 of the I&B…
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NCLAT holds NCLT has no jurisdiction to entertain the application u/s 52(6) in the absence of cause of action u/s Section 52 (5)
NCLAT holds that application was filed by a ‘Secured Creditor’ directly before the Adjudicating Authority for allowing it to recover…
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NCLAT it is not a ‘Court of Law’ to not decide money claim and states that existence of undisputed ‘Debt’ is ‘Sine Qua Non’ for triggering CIRP
NCLAT dismisses appeal against order of NCLT; states that there exists a dispute between the parties regarding the sum in…
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HC passes injunction order against the use of the term “Make My travel”, states likely to deceive with “MakeMyTrip”
Make My Trip (India) Private Limited has filed this suit to seek permanent injunction restraining Make My Travel (India) Private…
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HC says list of directors disqualified for companies failing to file annual returns is not violative of the principles of natural justice
HC finds no infirmity in the list of disqualified directors, says list does not violate principles of natural justice; Orders…
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HC states that winding up petition shall not be transferred to NCLT once Liquidation process has been commenced
HC rejects applications for transfer of winding up petitions to NCLT finding that once the OL gets appointed and the…
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NCLT orders to initiate Corporate Insolvency against Flipkart for failure to make payment for purchase of goods
NCLT orders Corporate Insolvency Resolution for Flipkart; finds that Flipkart has committed default and has not paid the Operational debt;…
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NCLAT mandates the debt should be disbursed against the consideration for the time value of money u/s 5(8) IBC
NCLAT dismisses the appeal of Saregama India; rejects claim of Appellant that the claim was a financial debt on account…
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