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Supreme Court Upholds NCLAT Ruling: Invalid Share Transfers and Fabricated Resignations Amount to Oppression and Mismanagement
The Supreme Court held that fabricated resignations and questionable share transfers cannot oust rightful shareholders. Upholding NCLAT’s order, it ruled such acts constitute oppression and mismanagement, affirming the importance of continuous cause of action in such disputes.
Aug 33 min read
Extension of Time for Section 230 Scheme Not Barred by Law: NCLAT Holds Regulation 2B as Directory to Promote Revival Over Liquidation
NCLAT held that Regulation 2B’s 90-day limit under the Liquidation Regulations is directory, allowing extension of Section 230 schemes if revival is feasible and CoC-supported.
Aug 34 min read
Supreme Court Clarifies Territorial Jurisdiction under NI Act: Complaint Maintainable Where Payee Holds Bank Account
REEDLAW Legal News Network | 2 August 2025 | Case Citation - REEDLAW 2025 SC 07014 REEDLAW Legal News Network  reports that the...
Aug 23 min read
NCLAT New Delhi: Resolution Plan Cannot Be Rejected for CIRP Cost Structuring if Statutory Safeguards Are Ensured and CoC Approval Exists
REEDLAW Legal News Network | 2 August 2025 | Case Citation - REEDLAW 2025 NCLAT Del 07636 REEDLAW Legal News Network  reports that...
Aug 23 min read
Ministry of Finance Invites Applications for Chairperson, DRAT Delhi: Eligibility, Tenure, and Selection Guidelines Notified
REEDLAW Legal News Network | 1 August 2025 | 🔗 Find Shareable Link at the End REEDLAW Legal News Network  reports that the Ministry...
Aug 12 min read
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