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Refund of pre-delivery aircraft advances held to be a contractual dispute outside NCLT’s Section 60(5) summary jurisdiction in Jet Airways liquidation
Jet Airways (India) Ltd. v. Boeing Company
(2026) TaxCorp(CL) 31127 (NCLT)
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Where no majority view emerges among three NCLT members on a repayment plan for a personal guarantor, the third member's order cannot take effect and must be stayed pending constitution of a larger bench under Section 419(5) of the Companies Act, 2013
Indiabulls Housing Finance Ltd. v. Dr. Subhash Chandra
(2026) TaxCorp(CL) 31114 (NCLT)
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