| 2020-TIOLCORP-09-HC-MUM-CA
Prakash Pralhad Chhabria Vs Vijay K Chhabria
Whether considering Articles of Association of Orbit, trust deed and will of Pralhad, all suggesting intent to transfer shares post Pralhad's lifetime, till time not proved invalid or illegal cannot restrain lawful putative owner of shares, Prakash, from exercising his voting rights - YES : HC
- Order passed in favour of appellant: BOMBAY HIGH COURT
2020-TIOLCORP-19-NCLAT
Global Business Corporation Vs PNB
Whether once the resolution plan has been rejected by the Committee of Creditors with 100% voting, the insolvency process cannot be kept pending disregarding the time limit prescribed for completion of CIRP merely on the possibility of modification of plan by the resolution applicant - YES: NCLAT
- Appeal dismissed: NCLAT | 
