Fri, Aug 02, 2024
NCLAT approves Rs 158 crore settlement between BCCI and Byju's; sets aside insolvency proceedings. (This article will soon be updated)
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Fri, May 24, 2024
A two-member National Company Law Appellate Tribunal (NCLAT) bench, after a brief hearing over the petitions, directed listing the matter after summer vacations on July 5.
Thu, Apr 04, 2024
The NCLT had directed to initiate CIRP against Dream 11 over a petition filed by its operational creditor Reward Solutions under section 9 of the Insolvency & Bankruptcy Code (IBC), claiming dues of Rs 7.61 crore.
Tue, Mar 12, 2024
"The impugned order passed by Adjudicating Authority (NCLT Mumbai) dated 13.01.2023 is upheld," said a two-member NCLAT bench. Besides, it has also directed the lenders of Jet Airways to adjust the Rs 150 crore paid by the consortium as performance bank guarantee (PBG).
Wed, Jan 10, 2024
A two-member bench of the National Company Law Appellate Tribunal (NCLAT) upheld the earlier order passed by the Mumbai Bench of NCLT, which said that under CIRP Regulations, Jindal Power Ltd (JPL) was "ineligible to submit a Resolution Plan" for Tuticorin Coal Terminal.
Tue, Oct 10, 2023
The appellate tribunal said the order passed by the fair trade regulator Competition Commission of India "suffers from illegality" and "does not comply with the requirement of adherence to the principle of natural justice".
Fri, Sep 01, 2023
A two-member NCLAT bench on Thursday disposed of the plea filed by the aircraft lessor for inspection.
Thu, Aug 17, 2023
"To widen the participation of candidates and attract the best talent, it has been decided to accept further applications, with the last date for submission of the online application being extended to September 1, 2023," the notice said.
Sat, May 27, 2023
In a relief for the consortium, NCLAT extended the timeline for payment obligation by excluding the time between November 16, 2022, and March 3, 2023 -- the time period when it was hearing the petition filed by lenders.
Mon, May 22, 2023
Amid continuing differences between lenders of bankrupt-Jet Airways and the consortium, the appellate tribunal also asked both parties to cooperate with each other for implementation of the resolution plan for the airline.
Wed, May 17, 2023
NCLAT has set aside the insolvency proceedings against leading bulk tea producer McLeod Russel following a settlement between the promoter and IL&FS Infrastructure Debt Fund
Tue, May 16, 2023
A two-member bench of NCLAT headed by Chairperson Ashok Bhushan said that the realtor has submitted a settlement letter dated 08th May 2023 with its financial creditor, IDFC First Bank.
Fri, May 12, 2023
SMBC Aviation Capital Ltd told NCLAT that the initiation of insolvency by Go First was a “fraudulent exercise".
The Go First crisis has compelled the entire aviation industry to learn a lesson. Go First has cancelled all its flights until May 19. Rs 900 crore of the passengers stuck in Go First. Tomorrow NCLAT will pass its order on crisis-hit airline Go First's plea for voluntary insolvency resolution proceedings. How to get refund for cancelled flights and tickets? Watch the full analysis in this special discussion.
Wed, Mar 29, 2023
A two-member bench of the National Company Law Appellate Tribunal (NCLAT) directed Google to implement the direction and deposit the amount in 30 days.
Thu, Mar 16, 2023
On October 20 last year, the CCI slapped a penalty of Rs 1,337.76 crore on Google for anti-competitive practices in relation to Android mobile devices.
Thu, Mar 02, 2023
A two-member bench set aside an order passed by NCLT and said the Committee of Creditors (CoC) has the power to negotiate and call for a higher bid.
Thu, Feb 23, 2023
Punit Goenka, MD & CEO of Zee Entertainment Enterprises Ltd (ZEEL), has filed an appeal in the National Company Law Appellate Tribunal (NCLAT) today, seeking relief against the order passed by the Mumbai bench of the National Company Law Tribunal (NCLT) in connection with an insolvency plea filed against the company. Mr. Goenka is taking all the necessary steps as per law, to protect the interests of all stakeholders of Zee Entertainment Enterprises Ltd. (ZEE) and to achieve a timely completion of the proposed merger with Culver Max Entertainment Pvt. Ltd.
Fri, Jan 06, 2023
Wave Megacity Centre Private Limited, of Sector 32-25, Noida, had filed a petition for Corporate Insolvency Resolution Process (CIRP) in the NCLT, which was dismissed by it on June 6, 2022.
Wed, Jan 04, 2023
The appellate tribunal has issued notices to CCI and directed to list the matter on February 13, for hearing over interim stay.
Mon, Dec 26, 2022
The case pertains to CCI rejecting a complaint against DLF and its subsidiary for alleged abuse of the dominant position on the basis of a second/supplementary report from DG.
Sat, Dec 24, 2022
A two-member bench said after examining the materials and considering the arguments, it was of opinion that the "appellants had already admitted in the leniency application regarding their involvement in the cartelisation".
Fri, Dec 23, 2022
Google has approached the appellate tribunal NCLAT challenging the CCI's order on unfair business practices in Android mobile device ecosystem, the company spokesperson said on Friday.
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