Madhya Pradesh High Court reaffirms that revenue mutation entries cannot establish ownership, clarifying rights of secured creditors and liquidators in corporate insolvency.
Supreme Court holds that joint insolvency petitions against interlinked real estate developers are maintainable and threshold of 100 allottees is assessed as of petition filing date.
Supreme Court holds that NCLT cannot adjudicate trademark title disputes under Section 60(5)(c) IBC when resolution plan recognizes rival claims and no application under Sections 43/45 was filed.
Rajasthan High Court mandates banks to freeze accounts only upon precise police direction and provides a 7-day window for confirmation, safeguarding business liquidity.