| 2020-TIOLCORP-01-HC-DEL-CA Pushpak Enterprises Vs Pine Wood Information System Pvt Ltd
Whether if the insolvent company is devoid of any assets which cannot be found at its registered address, the High Court is vested with the power to dissolve the company on the application of official liquidator - YES: HC
- Application allowed: DELHI HIGH COURT
2020-TIOLCORP-01-NCLT
Sun Pharmaceutical Industries Ltd
Whether the provisions of Companies Act, 2013 or the Foreign Exchange Management (Cross Border Merger) Regulations, 2018 permit cross border demergers between an Indian Company and a foreign company - NO: NCLT
- Petition dismissed: NCLT
2020-TIOLCORP-03-NCLAT
Shyam Sunder Bhatiya Vs Khozim Yusuf Nagarwala
Whether if loan of the financial creditor gets cleared by the court deposit made by the corporate debtor during the cheque bounce case, filing of section 7 application after receipt of debt cannot be termed as application for resolution - YES: NCLAT
- Appeal Allowed: NCLAT |
