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The Bar Bulletin

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The Bar Bulletin

NCLT

NCLT Directs Suspended Director to Refund Rental Income Diverted to Personal Account During CIRP

Ganesh Venkata Siva Rama Krishna Remani vs Puneet P. Bhatia [Decided on April 29, 2026]
May 9, 2026 The Bar Bulletin
builder dispute not financial debt

Supreme Court: Contractual Builder Dispute Pending Before DRT Cannot Trigger CIRP as ‘Financial Debt’ Default

Dhanlaxmi Bank vs Mohammed Javed Sultan [Decided on May 07, 2026]
May 9, 2026 The Bar Bulletin
Bombay High Court

Bombay High Court: Refund Claim Satisfying Statutory Limitation Cannot Be Rejected On Technical Grounds If Statute Itself Creates No Such Embargo

Valmet Flow Control vs Union of India [Decided on April 22, 2026]
May 8, 2026 The Bar Bulletin
National Company Law Tribunal

NCLT: MSMED Act, RBI Resolution Frameworks Cannot Defeat IBC Proceedings; Date of Default Material for Admission

Buldana Urban Cooperative Credit Society vs Amar Seeds [Decided on April 29, 2026]
May 8, 2026 The Bar Bulletin
GST reverse charge ITC validity

Andhra Pradesh High Court: Input Tax Credit Cannot Be Validly Availed Before Underlying Reverse Charge Tax Is Appropriated To Government

Sona Enterprises vs State of A.P [Decided on April 27, 2026]
May 8, 2026 The Bar Bulletin
National Company Law Tribunal

NCLT: Parallel Proceedings Under SARFAESI And Before DRT Do Not Bar Initiation Of Insolvency Resolution Against Personal Guarantors

Canara Bank vs Shweta Deepak Patel [Decided on April 06, 2026]
May 8, 2026 The Bar Bulletin