2020-TIOLCORP-01-SC-IBC-LB

Maharasthra Seamless Ltd Vs Padmanabhan Venkatesh

Whether the NCLAT can direct the successful Resolution Applicant to revise the plan so as to increase the upfront payment to match the liquidation value of the corporate debtor - NO: SC Larger Bench

Whether the final decision on resolution plan should be left to the commercial wisdom of the Committee of Creditors & there is no requirement that resolution plan should match the maximized asset value of the corporate debtors - YES: SC Larger Bench

Whether while approving a resolution plan, the Adjudicating Authority could reassess a resolution plan approved by the Committee of Creditors, even if the same otherwise complies with the requirement of Section 31 of the Code - NO: SC

Whether the successful resolution applicant can exit from the corporate insolvency resolution process u/s 12A of the Code in the same manner as a Financial creditor and an Operational creditor - NO: SC

2020-TIOLCORP-06-HC-DEL-CA

Giant Rocket Media And Entertainment Pvt Ltd Vs Priyanka Ghatak

Whether without making out the case of copyright infringement regarding the acquisition of book rights, the owner cannot restrain the negotiating party from adopting the book into a videography on the basis of misappropriation of trust - YES: HC

Whether an Investigation officer can claim copyright of book as an original literary work if the book comprise of mere reproduction of case files of crime - NO: HC

- Application dismissed: DELHI HIGH COURT

2020-TIOLCORP-11-HC-DEL-MISC

STCI Finance Ltd Vs Shreyas Kirti Lal Doshi

Whether where the intention of the parties to refer the disputes of a separate Deed of Guarantee to arbitration is not recorded in the main loan agreement, the issues in suit regarding the deed cannot be referred for arbitration u/s 8 of the Arbitration Act, 1996 - YES: HC

- Application dismissed: DELHI HIGH COURT