Page 5 of NCLAT

Plea be heard on merit now: Valli Arunachalam

The NCLAT last week dismissed AIL’s appeals against an NCLT Chennai bench order, which order had allowed the withdrawal of…

September 27, 2022 00:35 IST

NCLAT dismisses appeals filed by Murugappa firm

The bench of justice M Venugopal, member-judicial, and Kanthi Narahari, member-technical, observed that the views arrived at by the NCLT…

September 20, 2022 04:10 IST

Odisha Slurry Pipeline: Srei Infra moves SC against NCLAT nod to ArcelorMittal’s resolution plan

The insolvency proceedings were initiated against OSPIL at the behest of IDBI Bank.

August 10, 2022 01:00 IST

WhatsApp has not abused dominant position in India, rules NCLAT

“We do not find any inconformity in the findings of Competition Commission of India (CCI) and hence, the ‘Appeal’ deserves…

August 9, 2022 22:30 IST

The Roys moved the appellate tribunal against the order, and the appeals came up for hearing on August 5.

Peerless-Parasmal Lodha dispute: Roys get breather as NCLAT stays tribunal’s order

The NCLAT , after hearing both parties, fixed the hearing on September 31, and in the meantime directed that the…

August 8, 2022 06:10 IST

Amazon-Future Coupons deal: NCLAT upholds CCI order, directs e-commerce giant to deposit Rs 202 cr penalty

Despite the setback to Amazon, the order has no immediate implication on the Reliance Retail-Future Retail (FRL) deal, which has…

Updated: June 13, 2022 18:54 IST

Apex Court nod for settlement plan: After Supreme Court win, Siva Industries and Holding Ltd to focus on debt

Promoter Vallal RCK says vindicated by court order

June 5, 2022 05:30 IST

NCLAT directs distribution of Rs 16,361 cr to IL&FS creditors on pro-rata basis

The interim distribution award of Rs 16,361 crore includes Rs 11,296 crore in cash and Rs 5,065 crore in InvIT…

June 3, 2022 14:46 IST

Jet Airways staff association challenges airline’s resolution plan before NCLAT

The plan was later cleared by the Mumbai bench of the National Company Law Tribunal (NCLT).

May 26, 2022 13:47 IST

Bogged down by financial woes, Jet Airways shuttered operations in April 2019 and the insolvency resolution process was initiated in June of the same year.

NCLAT asks Jet Airways to vacate office from Mack Star Marketing’s premises

While passing an order on May 6, a three-member bench of the NCLAT also said that no monthly fees shall…

May 10, 2022 22:21 IST

NCLAT reserves order on Amazon’s plea against CCI ruling

In December last year, Competition Commission of India (CCI) suspended the approval given by it in 2019 for Amazon’s deal…

April 26, 2022 22:45 IST

In its December 17, 2021 order, the anti-trust regulator had said an approval granted to Amazon over two years earlier to acquire a 49% stake in Future Coupons (FCPL) would 'stand in abeyance,' as the firm suppressed information while seeking clearance. The CCI also imposed a Rs 202 crore penalty on Amazon.

NCLAT reserves order on Amazon plea in Future case

“Hearing is completed. The judgment is reserved,” said the two-member NCLAT bench comprising Justice M Venugopal and VP Singh.

April 26, 2022 00:30 IST

Supertech insolvency proceedings: NCLAT stays formation of committee of creditors till April 19

During the proceedings before the appellate tribunal, Supertech Ltd’s counsel requested for adjourning the matter for a week to enable…

April 12, 2022 20:15 IST

SC stays NCLAT order sending Piramal’s winning bid for DHFL to lenders for reconsidering valuation

Under the insolvency resolution proceedings for the crisis-hit DHFL, Piramal Capital had emerged as the winning bidder and the Committee…

April 11, 2022 20:04 IST

NCLAT allows Valli Arunachalam plea to bring on record legal heirs following mother’s demise

The tribunal allowed both the applications and directed Valli Arunachalam to carry out the changes within the period of two…

March 24, 2022 02:45 IST

IL&FS entity West Gujarat Expressway gets NCLAT relief in NHAI project termination case

A two-member bench observed that the resolution of West Gujarat Expressway is at a “critical stage” and expected to be…

March 16, 2022 22:22 IST

NCLAT dismisses appeal by former promoters of Bhushan Steel

Tata Steel on September 12, 2018 filed an application before the NCLT seeking direction to the Singals to transfer the…

March 8, 2022 06:30 IST

During the course of the proceedings, senior counsel Gopal Subramanium pleaded on behalf of Amazon but due to paucity of time, the tribunal could hear him only partly.

NCLAT adjourns hearing on Amazon plea till Monday

Directed by the Supreme Court, earlier this week, to decide Amazon’s plea expeditiously, the NCLAT is likely to hear the…

February 26, 2022 03:30 IST

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Nagaraju chairs meet on foreign bank expansion

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The IDC, led by Financial Services Secretary M Nagaraju, approved RBI’s proposals for foreign banks to establish branches, representative offices, and subsidiaries in India. The committee also approved expansion plans of Indian banks abroad after consulting with various ministries. However, there has been a decline in foreign bank branches in India.

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