Sat, Dec 07, 2024
Moreover, the status quo would continue as directed by the Supreme Court in this matter, a 14-page-long NCLAT order said.
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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)
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.
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.
Wed, Dec 14, 2022
The appellate tribunal also dismissed the intervention application filed by HUDCO earlier opposing the deal. HUDCO had opposed the settlement claiming Rs 195 crore dues from Bakshi and his related entities.
Mon, Dec 12, 2022
The appellate tribunal has set aside an order passed by NCLT for liquidation of Febris Multispeciality Hospital and said, the "matter is remitted back to NCLT to reexamine the issue and consider to change the RP (resolution professional)".
Sun, Nov 20, 2022
The NCLT order had come over a petition filed by RBCL Projects, an MSME involved in infrastructure activities such as completion or finishing of a building under construction.
Sat, Oct 22, 2022
Allowing a batch of petitions filed by the associations of workmen, Aircraft Maintenance Engineers, Officers and Staff Association and others, a two-member NCLAT bench had asked the new owner to make payment of provident fund dues as admitted by the resolution professional.
Wed, Jun 22, 2022
In a statement, Supertech said it has "resumed construction in full swing" at all its projects after the orders of the National Company Law Appellate Tribunal (NCLAT) dated June 10, allowing the company to continue project execution at all projects and limiting the scope of corporate insolvency resolution process ordered by NCLT earlier.
Tue, May 31, 2022
Insolvency appellate tribunal NCLAT on Monday said the implementation of Jalan-Kalrock consortium resolution plan for Jet Airways would be subject to the outcome of its order over the appeals filed before it.
Wed, Jan 05, 2022
A bankruptcy appeals court on Wednesday scrapped billionaire Anil Agarwal-led Twin Star Technologies' winning bid to take over Videocon Industries Ltd on a plea by some creditors that the money offered imposed a steep Rs 62,000 crore haircut upon banks.
Sat, Dec 25, 2021
National Company Law Appellate Tribunal (NCLAT) has imposed a stay on the orders passed by the fair trade regulator CCI slapping penalties on several beer makers, including United Breweries Ltd that faces a fine of Rs 751.8 crore
Fri, Dec 10, 2021
The IBC cannot be invoked for the resolution of "fraudulent and malicious intent" of withholding the huge arrears payable to the government and others, said DoT's submission, recorded in NCLAT order.
Sun, Oct 24, 2021
The NCLAT observed that as per the National Company Law Tribunal Rules, 2016, both the appellants - Arvind Bali and Satpal Bansal - former CEO and CFO of the debt-ridden company, were not provided an opportunity of hearing and to file their reply by NCLT
Fri, Oct 08, 2021
The development comes a day after the National Company Law Appellate Tribunal (NCLAT) in its order said that the National Company Law Tribunal (NCLT) has not given sufficient time to Zee Entertainment Enterprises Limited (ZEEL) to file its reply on Invesco plea.
Thu, Oct 07, 2021
The National Company Law Appellate Tribunal (NCLAT) in its order on Thursday has said that the National Company Law Tribunal has not given sufficient time to Zee Entertainment Enterprises Limited (ZEEL) to file its reply on Invesco plea.
Wed, Oct 06, 2021
On September 22, ZEEL and Sony Pictures Networks India (SPNI) had announced their mergers, which will create the country's largest media company.
Tue, Aug 03, 2021
Banks have accepted haircut up to 95%, which goes against the intent of Insolvency and Bankruptcy Code (IBC)
Fri, Jul 23, 2021
The Mumbai-based fintech company said the NCLAT has set September 15 for final hearing on the matter.
Wed, Jul 14, 2021
The Board of IL&FS expects to address an overall debt recovery of Rs 61,000 crore.
Tue, Jul 06, 2021
The National Company Law Appellate Tribunal (NCLAT) has issued notices to the committee of creditors (CoC), the administrator of DHFL and Piramal Capital and Housing Finance Ltd on a plea by 63 moons technologies against the Dewan Housing Finance Ltd (DHFL) resolution plan approved by National Company Law Tribunal
Tue, Jun 22, 2021
National Company Law Appellate Tribunal (NCLAT) has stayed distribution of Rs 4,400 cr of sale proceeds from Reliance Infratel (RITL) resolution plan. This is being seen as a major setback for the Chinese Banks consortium – China Development Bank, China Exim Bank and ICBC Bank.
Fri, Sep 11, 2020
In addition to this, the petitioners had also contended that SBI had moved its insolvency plea before the NCLT following a RBI Circular of February 12, 2018, and the Supreme Court had struck it down declaring the circular as ultra vires.
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