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National Company Law Tribunal (NCLT)

SC Refuses Relief to Pawan Kumar Ahluwalia in KJS Cement Shareholding Dispute; NCLAT Order Upheld [Read Order]
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SC Refuses Relief to Pawan Kumar Ahluwalia in KJS Cement Shareholding Dispute; NCLAT Order Upheld [Read Order]

Supreme Court dismisses Pawan Kumar Ahluwalia’s appeal in KJS Cement dispute, upholding NCLAT’s share restoration order.

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Eight Months, Multiple Opportunities, No Reply Filed: NCLT Kochi Refuses to Recall Ex Parte Order in Green Hearts Oppression Case [Read Order] Business
Eight Months, Multiple Opportunities, No Reply Filed: NCLT Kochi Refuses to Recall Ex Parte Order in Green Hearts Oppression Case [Read Order]

NCLT Kochi refused to recall an ex parte order in the Green Hearts case, holding negligence of counsel is no ground to reopen proceedings.

SC Allows Lifting of Corporate Veil in Holding Company CIRP to Include Subsidiary Assets; Restores Earth Infrastructure Resolution Plans [Read Judgment] Judiciary
SC Allows Lifting of Corporate Veil in Holding Company CIRP to Include Subsidiary Assets; Restores Earth Infrastructure Resolution Plans [Read Judgment]

Supreme Court allows lifting of corporate veil in Earth Infrastructure CIRP, restores stalled project resolution plans, and denies GNIDA penal charges.

High Courts Cannot Nullify Arbitration Proceedings While Substituting Arbitrators: SC [Read Order] Judiciary
High Courts Cannot Nullify Arbitration Proceedings While Substituting Arbitrators: SC [Read Order]

Supreme Court rules High Courts cannot nullify arbitration proceedings while appointing substitute arbitrators under Section 15(2) of the Arbitration Act.

Directors Cannot Be Made Liable for Company’s VAT Dues Without Establishing Negligence: Andhra Pradesh HC [Read Order] Judiciary
Directors Cannot Be Made Liable for Company’s VAT Dues Without Establishing Negligence: Andhra Pradesh HC [Read Order]

Andhra Pradesh High Court rules directors cannot be held liable for a company’s VAT dues without proof of negligence, misfeasance, or breach of duty.

Delhi HC Rejects Civil Suit Challenging CIRP, Affirms NCLT’s Exclusive Jurisdiction Under IBC [Read Judgment]

Delhi High Court dismisses civil suit challenging CIRP, holds NCLT has exclusive jurisdiction under IBC, bars parallel civil proceedings.

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