Contempt Appeal Allowed, Appellant Discharged: Punjab and Haryana High Court Holds Contempt Bench Must Await Outcome of Pending Appeal Against Underlying CLB/NCLT Order
The Punjab and Haryana High Court allowed a contempt appeal and discharged the appellant, holding that contempt proceedings should not be initiated when an appeal against the underlying order is pending. The Court emphasized that the outcome of the appeal may render the contempt proceedings redundant or require fresh consideration.
Impleadment Under Order I Rule 10 CPC in a Section 92 CPC Suit Concerning Charitable Trust Set Aside: Punjab and Haryana High Court
The Punjab and Haryana High Court allowed a civil revision and set aside an order of impleadment under Order I Rule 10 CPC in a suit under Section 92 CPC relating to a charitable trust, holding that the impleadment was improper.
Tribunal Should Not Interfere with Commercial Wisdom of Shareholders in Approving Amalgamation Scheme Under Sections 230 to 232: NCLAT Sanctions Indiabulls Real Estate Merger
The National Company Law Appellate Tribunal upheld an amalgamation scheme between Indiabulls Real Estate Limited and two transferor companies, reversing the NCLT's rejection. The Appellate Tribunal held that it should not interfere with the commercial wisdom of shareholders and creditors who approved the scheme by nearly 100%, provided proper valuation methodologies and regulatory compliance are established.
Section 9 IBC Petition Dismissed Where Principal Debt Paid During Pendency and Operational Creditor Claims Only Interest: PepsiCo India Holdings, NCLT Chandigarh
The NCLT Chandigarh dismissed a Section 9 IBC petition against PepsiCo India Holdings Pvt Ltd, holding that where the principal debt was paid during the pendency of proceedings and the operational creditor claimed only interest on unsigned invoices, the conditions under Section 9(5)(i)(b) were not satisfied.
Terminated PCS Judicial Officers Cannot Seek Reinstatement After Acquittal Where Earlier Writ Petition Dismissal Attained Finality: Punjab and Haryana High Court
The Punjab and Haryana High Court dismissed writ petitions by two PCS (Judicial) officers seeking reinstatement after their acquittal in a criminal case, holding that the Full Bench judgment dismissing their earlier writ petition had attained finality and could not be circumvented.
Travel Permission Granted on Conditions Despite Dismissal of Quashing Petition Under Section 528 BNSS
High Court dismisses petition to quash FIR but grants conditional travel permission, illustrating discretionary relief available even where main petition fails and balancing between investigation protection and petitioner's mobility.
Mandamus Directing University to Consider Candidate for Appointment Where Selection Process Was Completed but Appointment Withheld Without Reason
High Court issues mandamus directing university to appoint candidate who cleared all selection stages, emphasizing duty of public authority to follow through on completed recruitment process and absence of discretion to withhold appointment unreasonably.
CIRP Admitted Under Section 7 of the Insolvency and Bankruptcy Code Where Debt and Default Are Undisputed: NCLT Chandigarh
The NCLT Chandigarh admitted a Corporate Insolvency Resolution Proceeding against Paytail Commerce Private Limited upon application by a financial creditor under Section 7 of the Insolvency and Bankruptcy Code. The judgment reinforces that once debt and default are established through credible documentary evidence, the Tribunal is statutorily bound to admit the application, regardless of assertions regarding ongoing negotiations or claimed financial difficulties.