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NCLAT Allows Appeal Against Exclusion of Personal Guarantors from CoC in CIRP of Corporate Debtor — Re-constitution of Committee of Creditors Set Aside. Personal Guarantors Are Not Members of Committee of Creditors Under Section 21(2) of Insolvency and Bankruptcy Code, 2016.

The National Company Law Appellate Tribunal (NCLAT) heard an appeal against an order of the Adjudicating Authority (NCLT, Chandigarh Bench) dated 01.0...

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Bombay High Court Quashes Notice Under Section 110(e) and (g) CrPC Against Corporator for Lack of Material and Abuse of Process. Court holds that preventive action requires credible material showing habitual offending, not isolated incident.

The petitioner, Shirish Hiralal Choudhary, a Corporator from Nandurbar, filed a criminal writ petition under Articles 14, 21, and 226 of the Constitut...

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Bombay High Court Dismisses Judgment Debtors' Motion to Set Aside Insolvency Notice Based on SFC Act Order. Order under Section 31(1)(aa) of State Financial Corporations Act, 1951 is a decree or order within Section 9(2) of Presidency Towns Insolvency Act, 1909 and is executable against guarantors.

The case involves two notices of motion filed by judgment debtors (Vikram Saboo and Shalini Saboo) seeking to set aside an insolvency notice issued by...

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Bombay High Court Dismisses Convict's Furlough Petition Due to Previous Absconding Behavior. Rejection of furlough application upheld as petitioner had earlier absconded and was arrested, constituting a valid ground under Bombay Furlough and Parole Rules, 1959.

The petitioner, Murlidhar Ramchandra Bhalerao, a convict lodged in Central Prison, Nagpur, filed a Criminal Writ Petition challenging the rejection of...