NCLAT

NCLAT officiating chairperson, registrar test positive for COVID-19; tribunal prepones summer vacation

NCLAT officiating chairperson, registrar test positive for COVID-19; tribunal prepones summer vacation

The officiating chairperson of the National Company Law Appellate Tribunal (NCLAT) along with its registrar and several staff members hav...Read More

NCLAT orders stay on formation of CoC in insolvency proceedings against subsidiary: OYO

NCLAT orders stay on formation of CoC in insolvency proceedings against subsidiary: OYO

Hospitality firm OYO on Thursday said the National Company Law Appellate Tribunal (NCLAT) has ordered a stay on the formation of committ...Read More

NCLT admits insolvency plea against Oyo for unpaid Rs 16 lakh to supplier; company goes to NCLAT

NCLT admits insolvency plea against Oyo for unpaid Rs 16 lakh to supplier; company goes to NCLAT

The National Company Law Tribunal (NCLT) has admitted a petition for initiating insolvency proceedings against Oyo Hotels for recovery of...Read More

NCLAT directs liquidation of KS Oils, pulls up NCLT for lapse of 981 days

NCLAT directs liquidation of KS Oils, pulls up NCLT for lapse of 981 days

Terming it "unfortunate", the appellate tribunal observed that even after the lapse of 981 days and repeated compliance by the Resolution...Read More

Tatas oppose proposal to swap SP stake with listed co shares

Tatas oppose proposal to swap SP stake with listed co shares

The Tatas in the Supreme Court on Thursday opposed as "nonsense" the Shapoorji Pallonji Group's proposal that its 18.37 per cent stake in...Read More

NCLAT stays NCLT order directing ArcelorMittal India to pay Rs 1,300 cr as IRP cost

NCLAT stays NCLT order directing ArcelorMittal India to pay Rs 1,300 cr as IRP cost

Passing an interim order, a two-member bench comprising Acting Chairperson Justice B L Bhat has stayed the order passed by the National C...Read More

Flipkart says NCLAT order 'erroneous', SC stays measure

Flipkart says NCLAT order 'erroneous', SC stays measure

The NCLAT had held the prima facie Flipkart had contravened Section 4 of the Competition Act, 2002 which is connected with the abuse of d...Read More

Successful bidders can't withdraw resolution plan: NCLAT

Successful bidders can't withdraw resolution plan: NCLAT

The observation was made by a three-member bench headed by Justice Bansi Lal Bhat, the Acting Chairperson of the appellate tribunal, as t...Read More

Nirav Modi case: NCLAT sets aside order against former PNB official

Nirav Modi case: NCLAT sets aside order against former PNB official

The National Company Law Appellate Tribunal (NCLAT) has set aside an order to implead a former Executive Director of the Punjab National ...Read More

NCLAT rejects plea for Tata Chem insolvency

NCLAT rejects plea for Tata Chem insolvency

Tata Chemicals entered into a Business Transfer Agreement with Allied Silica Ltd in April 2018 to acquire the latter's business of precip...Read More

SC notice to Tata Sons on cross-appeal by Mistry against NCLAT verdict

SC notice to Tata Sons on cross-appeal by Mistry against NCLAT verdict

The apex court issued notice to Tata Sons Pvt Ltd (TSPL) and others, and tagged the cross-appeals with the appeals filed by Tata Sons, Ra...Read More

‘Substantial recovery' likely against IL&FS external debt worth Rs 94,000 cr, says Injeti Srinivas

‘Substantial recovery' likely against IL&FS external debt worth Rs 94,000 cr, says Injeti Srinivas

With multi-pronged strategies in place for IL&FS resolution, the government expects "substantial recovery" against the group's Rs 94,000 ...Read More

Coronavirus update: NCLAT adjourns all hearings in March as precautionary steps

Coronavirus update: NCLAT adjourns all hearings in March as precautionary steps

However, urgent matters, which require immediate attention could be mentioned before the acting Chairperson Justice Bansi Lal Bhat, a not...Read More

NCLAT sets aside CAIT plea against CCI nod to Flipkart's acquisition by Walmart

NCLAT sets aside CAIT plea against CCI nod to Flipkart's acquisition by Walmart

A two-member bench of the appellate tribunal headed by Justice S J Mukhopadhaya said CAIT failed to establish its allegations against CCI...Read More

IL&FS matter: NCLAT dismisses auditors pleas

IL&FS matter: NCLAT dismisses auditors pleas

New Delhi: The NCLAT on Wednesday dismissed the pleas of auditors of debt-ridden IL&FS -- Deloitte Haskins & Sells and KPMG arm B...Read More

CCI to probe against Flipkart over allegations of unfair practices

CCI to probe against Flipkart over allegations of unfair practices

New Delhi: The National Company Law Appellate Tribunal (NCLAT) on Wednesday asked fair trade regulator CCI to initiate again the probe ag...Read More

NCLAT asks CCI to probe against Flipkart over allegations of unfair practices

NCLAT asks CCI to probe against Flipkart over allegations of unfair practices

A three-member bench of the NCLAT headed by Chairman Justice S J Mukhopadhaya has set aside the earlier order passed by the Competition C...Read More

NCLAT sets asides insolvency proceedings against Flipkart

NCLAT sets asides insolvency proceedings against Flipkart

Earlier, on October 24, 2019, the Bengaluru Bench of the National Company Law Tribunal (NCLT) had admitted the insolvency plea filed by C...Read More

Mistry appeals to SC; says his family deserved more relief from NCLAT

Mistry appeals to SC; says his family deserved more relief from NCLAT

Mistry, whose family owns 18.37% stake in Tata Sons, has filed a cross appeal in the court.

‘Had red flagged possible risks over IL&FS crisis’: DEA

‘Had red flagged possible risks over IL&FS crisis’: DEA

The Department of Economic Affairs had earlier raised red signals over the likely collapse of IL&FS in a confidential note on September ...Read More

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